KOICA and WFP mark completion of Egypt refugee programme

The Korea International Cooperation Agency and the World Food Programme have completed a three-year joint programme supporting refugees and host communities in Egypt with $6 million in funding.

The programme assisted vulnerable refugees from more than eight nationalities and Egyptian host communities in Greater Cairo, Alexandria, Damietta, and Matrouh. It trained over 14,000 people in vocational skills and issued microgrants for small businesses. Within six months, 39 percent of participants began income-generating activities. More than 5,600 secured employment and average household incomes rose by 62 percent. Psychosocial support sessions led to improved stress management for 99 percent of attendees. Monthly cash assistance reached 9,500 pregnant and breastfeeding women. Nutrition sessions raised the share of women meeting minimum dietary diversity from 18 to 41 percent. Rawad Halabi, WFP Country Director in Egypt, said the programme restored hope for many families. Sooyoung Park of KOICA noted it strengthened resilience amid developments in Sudan and Syria.

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IFC 50 years celebration event at the Giza Pyramids in Egypt.
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IFC celebrates 50 years in Egypt with renewed reform commitment

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The International Finance Corporation marked five decades of operations in Egypt at an event held at the Giza Pyramids on May 19, 2026, reaffirming support for the country’s economic reforms and private sector growth.

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Egypt’s Minister of Agriculture and Land Reclamation Alaa Farouk met with World Bank Regional Director Meskerem Brhane to discuss strengthening cooperation on food security, sustainable agriculture, and rural development.

Egypt has welcomed the second phase of a $1bn development financing programme with the World Bank and looks forward to a third phase, Foreign Minister Badr Abdelatty said.

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Egypt's Agricultural Development Programme plans to double its financing portfolio from EGP 5bn to EGP 10bn while expanding lending in local and foreign currencies. The plans were announced during a meeting with agricultural investors and financial institutions.

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