
Egypt, Nigeria Agree To Strengthen Agricultural Cooperation
Minister Farouk emphasized the strong strategic relationship between Egypt and Nigeria, highlighting opportunities for cooperation in agricultural investment, particularly in the production and export of agricultural equipment. He noted that several Egyptian companies are already active in the Nigerian market and stressed the potential for further collaboration in livestock production, improved seed development, and the manufacturing of fertilizers and pesticides.
The Egyptian Minister also offered Egypt's expertise in areas such as water conservation, agricultural training, capacity building, and innovation. He outlined Egypt's commitment to sharing knowledge and advancing research efforts with Nigeria.
Additionally, Minister Farouk underscored the importance of private sector involvement in agriculture and food security. Drawing from Egypt's experience, he referenced initiatives such as agricultural financing through the Agricultural Bank of Egypt, which operates over 1,150 branches nationwide. He also highlighted the Central Bank of Egypt's initiatives, including promoting contract farming and the implementation of the“Farmer's Card” system, a key part of Egypt's digital transformation to improve agricultural input regulation.
Minister Kyari expressed strong support for all areas of collaboration discussed and endorsed the creation of a joint technical committee. The committee, consisting of representatives from both countries, will meet regularly to define priority areas for cooperation. The ministers also agreed on the importance of sending a delegation to Nigeria, including experts from the Ministry of Agriculture, the Agricultural Bank, and the private sector, to further refine and implement a roadmap for cooperation.
As part of the agreement, Minister Farouk announced that Egypt would host a delegation of 10 Nigerian experts for training at the International Agricultural Center in Egypt.
Following the meeting, the Nigerian Minister visited Egypt's Digital Transformation Unit and the Farmer's Card facility in the New Administrative Capital to review Egypt's advancements in electronic services for agriculture. He also toured the Agricultural Bank of Egypt, where he was received by Sami Abdel Sadeq, Acting Chairman, and praised the bank's progress in modern banking technologies.
Saad Mousa, Supervisor of Foreign Agricultural Relations at the Ministry of Agriculture, mentioned that the Nigerian Minister is scheduled to visit various agricultural research stations, farms, and private sector projects in Egypt. These sites produce and export agricultural goods, including agricultural equipment, to international markets such as the European Union.

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Manuka Honey Market Report 2024, Industry Growth, Size, Share, Top Compan...
- Modular Kitchen Market 2024, Industry Growth, Share, Size, Key Players An...
- Acrylamide Production Cost Analysis Report: A Comprehensive Assessment Of...
- Fish Sauce Market 2024, Industry Trends, Growth, Demand And Analysis Repo...
- Australia Foreign Exchange Market Size, Growth, Industry Demand And Forec...
- Cold Pressed Oil Market Trends 2024, Leading Companies Share, Size And Fo...
- Pasta Sauce Market 2024, Industry Growth, Share, Size, Key Players Analys...
Comments
No comment