Germany’s KfW bank provides Egypt with €41 million to support education sector

German state-run KfW Development Bank has provided Egypt with financing worth up to €41 million ($48.4 million) to support its technical education sector, Egyptian International Cooperation Minister said on Sunday.
The financing is part of the debt swap programme between the two countries, allocated for Egypt’s Ministry of Education and Technical Education to implement the Comprehensive Technical Education Reform Initiative (TCTI) in the country, Minister Rania al-Mashat added in a statement.