Browsing: President Abdel Fattah al-Simi

Ongoing construction works of the Haya Karima project. www.theexchange.africa

According to the World Bank, Egypt has risen to become the richest country in Africa measured by GDP, which stands at US$1.38 trillion

Haya Karima, which means Decent Life, is a national project to develop the Egyptian Countryside.

The National Project for Developing the Egyptian Countryside is an initiative estimated to cost US$1.1 trillion

The Richest Country in Africa

The National Project for Developing the Egyptian Countryside is an initiative estimated to cost US$1.11 trillion. This project will impact at least 1,350,366 households. President Abdel Fattah al-Sisi said in January 2021 that the projects would be complete in three years.

US$ 519.28 million of the total funding will come from the International Fund for Agricultural Development (IFAD).

IFAD is an agency of the United Nations dedicated to alienating poverty and hunger in developing countries across the globe.

The government that took power in 2014 inaugurated a series of projects to …