The initiative contributes effectively to addressing environmental challenges, especially for developing countries that face huge financing burdens
This brings the total number of participating countries to 10, with the Minister of International Cooperation, Rania A. Al-Mashat, and the Minister of Electricity and Renewable Energy, Mohamed Shaker, signing the letter of intent.
Minister of International Cooperation, Rania Al-Mashat, emphasized the significance of this milestone, highlighting its role in safeguarding marine biodiversity and addressing climate change impacts.
The purpose of the center is to provide Africa with the necessary flexibility and adaptation capacity to enhance its development sectors in a meaningful and sustainable manner
The agreement aims to issue a license to practice ship bunkering with green fuel for SCATEC in the East Port Said region, at an investment cost of about $1.1 billion