Egyptian President Abdel Fattah El Sisi inaugurated the first phase of a sprawling agricultural development project on Monday, aiming to boost Egypt's food security and reduce its reliance on imports. The Future of Egypt project seeks to reclaim 4.5 million acres of land by 2030, in addition to modernising irrigation systems, and increasing agricultural production. The project, led by the state’s Future of Egypt Authority, was launched at a Monday ceremony marking the start of the 2024 wheat harvest season. Egypt's economy has been struggling with a severe dollar shortage, which has driven up prices and hampered imports of essential goods, including food, which Mr El Sisi confirmed is still continuing. ReutersMuch of the work has been completed by the armed forces, under whom the Future of Egypt Authority is managed.

Source: Ethiopian News May 13, 2024 13:52 UTC