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L'Agence américaine pour le développement international est prête à augmenter son aide économique à l'Egypte de 250 à 300 millions de dollars à condition que le Congrès approuve une telle augmentat...

L'Agence américaine pour le développement international est prête à augmenter son aide économique à l'Egypte de 250 à 300 millions de dollars à condition que le Congrès approuve une telle augmentat... | Égypt-actus | Scoop.it

The U.S. Agency for International Development is ready to raise its economic assistance to Egypt from $250 million to $300 million provided the Congress approves such an increase, USAID Cairo Mission Director Mary Otto said.

Speaking on the sidelines of the third Euro-Med Finance conference here Monday night, she said USAID fully backs to the private sector in Egypt and the Middle East by extending financial and technical support to all the sector’s institutions.

USAID is formulating programs to eliminate the high poverty rates in Egypt and elsewhere in the Middle East by establishing funds for companies to raise their capital and create jobs, she said.

It also provides incentives to small and medium sized companies, she added.

Egypt’s main problem is financing projects, with only 30 percent of the finance going to the small and medium sized companies, as most these companies are self-financed by their owners, she said.

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USAID and Egyptian officials celebrate TILO programme graduates

USAID and Egyptian officials celebrate TILO programme graduates | Égypt-actus | Scoop.it

US and Egyptian officials celebrated on Wednesday the graduation of 234 educators from the Greater Cairo region from The Technology for Improved Learning Outcomes (TILO) programme

The programme is funded by the US Agency for International Development (USAID) and a number of private sector companies.

“The TILO programme has helped to improve schools throughout Egypt, integrating new technologies that help increase student learning,” said Sohair Salem, head of the TILO project, during her welcoming note.

 

John Beed, deputy mission director for USAID, said that the contributions of educational establishments throughout the country “had been instrumental to the success of these schools and to the expansion of the programme to others in their provinces”.'(...)

The TILO programme has equipped the schools with technology and digital resources, and delivered hands-on training to teachers, supervisors, and local administration. Throughout Egypt 400 schools participated in the project, and 18 schools Greater Cairo.

“To date over 255,000 students and 21,000 teachers from nine provinces have participated in the project,” according to Salem

 

More on: http://www.dailynewsegypt.com/2013/03/24/usaid-and-egyptian-officials-celebrate-tilo-programme-graduates/

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Mary C. Ott Sworn in As USAID Mission Director to Egypt

Mary C. Ott Sworn in As USAID Mission Director to Egypt | Égypt-actus | Scoop.it

Dr. Mary C. Ott was sworn in today as the new Mission Director for Egypt for the United States Agency for International Development (USAID). (...)

As Director of the Mission, Dr. Ott will have the primary responsibility for overseeing programs that work with Egyptians to increase educational opportunities for all Egyptians, assist Egypt in overcoming health challenges, support agricultural development, help to strengthen their democratic institutions and governance structures, and continue to advance the country's economic growth and private sector development.

"Mary is uniquely qualified to oversee our programs in Egypt. Her deep experience in Agency leadership positions working on issues of economic growth and education combined with her personal familiarity with Egypt will be critical. Mary's experience will be an asset in supporting Egypt's efforts to capture this opportunity," said Assistant Administrator Rudman.

Dr. Ott most recently served as the Senior Deputy Assistant Administrator for the Bureau for Economic Growth, Education and Environment (E3) for USAID. Previously, she was Director of E3's Office of Economic Growth.

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On American Calls to Impose Conditions on Aid to Post-Revolutionary Egypt

Egypt-actus's insight:

There has been increased talk in US Congress lately on imposing conditions on American economic and military aid to post-revolutionary Egypt, which currently sits at $1.5 Billion annually.  In the past week, four members of the US Senate proposed amendments to the federal budget concerning this aid.  Following Secretary of State John Kerry’s announcement of $250 million in aid to the Egyptian regime, Senators Marco Rubio, John McCain, Rand Paul, and James Inhofe, proposed amendments, together with a fifth amendment put forward by Democratic Senator Patrick Leahy, Chairman of the Appropriations Subcommittee on State, Foreign Operations and Related Programs.   

These latest calls reflect the fumbling manner in which American decision-makers have tried to deal with the outcome of Egypt’s January 25th Revolution, which deposed American ally Hosni Mubarak and brought to power the Muslim Brotherhood, a group which historically opposes Washington and its policies.  Egypt has witnessed an increased discontent with the policies of the American administration in post-revolutionary Egypt, which they see as supportive of the now-ruling Brotherhood. 

 

Amr Abd El-Atty / Atlantic Council

More : http://www.acus.org/egyptsource/american-calls-impose-conditions-aid-post-revolutionary-egypt

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U.S. Govt Collaborates with Egyptian Partners to Support Women Business Owners

U.S. Govt Collaborates with Egyptian Partners to Support Women Business Owners | Égypt-actus | Scoop.it

Fifteen business mentors and over 30 entrepreneurs engaged in a one-on-one mentoring event sponsored by the U.S. Government’s Global Entrepreneurship Program (GEP) and the Association for Women’s Total Advancement and Development, in cooperation with the Women Business Development Centre.

 “Supporting women business owners is crucial to promoting increased prosperity for Egypt’s families,” said Mary Ott, Mission Director of the U.S. Agency for International Development (USAID) which is funding the GEP program.  “Mentoring helps new entrepreneurs to address barriers they face in growing their businesses in realistic and powerful ways.  It provides them with valuable networks to build their businesses and create jobs.”

Mentoring brings experienced women business owners together with new entrepreneurs to provide a deeper understanding of the business world.  It helps them address challenges such as lack of business skills and lack of access to modern technologies, market linkages, and financing.  It can help women across Egypt who have entrepreneurial ideas and inspiration turn those ideas into successful businesses.

 

Through USAID’s Global Entrepreneurship Program, the United States supports Egypt’s economic growth by providing training, mentoring, and links to financing for entrepreneurs – men and women. Since 2011, this program has helped launch 46 start-up companies in Egypt, 18 of which are owned by women, and has supported those businesses to create 166 new jobs.

This text is from: Amwal el-Ghad



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