en.Wedoany.com Reported - Egypt is seeking to deepen its partnership with the African Development Bank while advancing major transport and infrastructure projects in Cairo and the New Administrative Capital. During a meeting between Egypt's Minister of Foreign Affairs, International Cooperation and Emigrants, Badr Abdelatty, and African Development Bank President Akinwumi Adesina, the two sides reviewed current cooperation and future development initiatives, with transport infrastructure emerging as a key area of focus.

Abdelatty stated that by the end of 2025, the total cooperation portfolio between Egypt and the African Development Bank had exceeded $8 billion, covering projects in energy, transport, agriculture, water resources, infrastructure, and finance. Discussions highlighted the continuation of cooperation on transport development projects in Cairo and the New Administrative Capital. The New Administrative Capital is a large-scale smart city located approximately 45 kilometers east of Cairo.

Egypt is seeking to further expand cooperation with the Bank, including securing support in digital transformation, artificial intelligence, industrial development, and infrastructure modernization. The two sides also reviewed mechanisms for supporting the private sector through financing programs and technical assistance, and discussed the progress of national strategic projects such as the Benban Solar Park, power grid upgrades, and transport connectivity improvements related to urban expansion projects. The meeting also touched upon broader cooperation across Africa, including leveraging Egypt's experience in implementing large-scale infrastructure projects on the continent.

At the conclusion of the meeting, the two sides signed two agreements to fund technical studies for seawater desalination plants powered by renewable energy. These projects plan to establish five desalination facilities across four governorates to strengthen long-term water security.

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