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Thursday, 17 November 2022

GAFI picks up a UNCTAD award for Minya sugar project + US Chamber of Commerce and AmCham support the Global Methane Pledge

GAFI gets props from the UN for Minya sugar reclamation project: The General Authority for Freezones and Investment (GAFI) was awarded an investment promotion award from the United Nations Conference on Trade and Development (UNCTAD) for facilitating the Canal Sugar Company’s West Minya project, according to a UNCTAD statement. The award was handed to GAFI “for excellence in promoting sustainable investment in agriculture, contributing to food security and development.”

The US Chamber of Commerce and AmCham Egypt announced their support for the Global Methane Pledge which was launched at last year’s COP26 summit. The organizations will work with their members and other stakeholders to help realize the pledge, which aims to to reduce global methane emissions by at least 30% of 2020 levels by the end of the decade. Egypt signed on to the pledge in June.

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