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Power and Energy

EBRD ups investment in green energy developer Infinity by $41.5M

Infinity revealed that a portion of the funds will be directed towards acquiring African renewable energy platform, Lekela Power, through its subsidiary, Infinity Power Holding

Egypt and UAE ink deal to establish world’s largest wind farm

The wind farm will help Egypt cut an estimated $5 billion in annual natural gas costs, creating as many as 100k jobs

Egypt received $3.5B in FDIs towards renewable energy sector | ElectricityMin

The minister also highlighted that Egypt is eager to support African countries in their efforts to access clean energy from renewable sources

Ecomondo and Key Energy 2022 (Italy) to focus on environmental challenges in North African and Sub-Saharan countries

The Ecomondo and Key Energy 2022, organized by IEG – ITALIAN EXHIBITION GROUP, will be held in Italy’s Rimini Expo Center between 8th – 11th November

Egyptian cabinet approves electricity ration plan to boost natural gas exports

Since the start of the Russian/Ukraine conflict, Egypt has had to deal with a foreign currency shortage due to accelerating global commodity prices and increased cost of borrowing