Egyptian solar company Afrises has been awarded EGP 100 mn in contracts by the Ugandan government to supply and install solar power systems, company CEO Ahmed Hamdy tells Al Mal. The PV systems, which will be used to power various small-scale development projects in Uganda, will be completed by the end of 2018.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…