EBRD looking into financing electric vehicle charging stations in Egypt

The European Bank for Reconstruction and Development (EBRD) is in talks with the Electricity Ministry over potentially financing electric vehicle charging stations in Egypt, Managing Director for the Southern and Eastern Mediterranean Janet Heckman said. The EBRD had issued in September a tender for consultants to advise on Egypt’s electric vehicle strategy, and is planning to invest some EUR 1.2 bn in Egypt next year, Heckman had told us last week.