Egypt has pledged to finance and mobilise funding for water-related infrastructure on the Nile basin in Uganda, according to a joint communiqué issued on Wednesday following high-level ministerial talks in Cairo. The Egyptian side reaffirmed its readiness to provide the funding through the Nile Development Fund to achieve mutual benefit and “win-win cooperation,” while adhering to the obligation not to cause significant harm. This followed the outcomes of a Joint Steering Committee meeting held on March 30, 2026, intended to support sustainable development in Uganda. Regarding Nile basin governance, the two countries welcomed a progress report from the Nile Basin Initiative (NBI) Special Committee. The ministers stated their support for continued engagements aimed at promoting consensus and inclusivity among all Nile basin states.
Source: Daily News Egypt April 01, 2026 23:47 UTC