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Infrastructure 
Scatec’s USD 600 mn Obelisk solar project reaches financial close
The project in Nagaa Hammadi holds the mantle of being Africa’s largest under-construction solar power plant
EU’s EUR 1.8 bn investment guarantee mechanism to mobilize EUR 5 bn in investments through 2027 launched
The mechanism will be accessible via the Hafiz platform
AfDB commits USD 184 mn to Obelisk solar and battery project
The recently approved funding will account for nearly a third of the project’s entire investment cost
How is Egypt fighting single-use plastic bags?
The government launched the Reduce It campaign to raise awareness about the dangers of single-use plastic bags
AMEA Power brings the continent’s largest windfarm online. PLUS: Hassan Allam Construction + Metito, Kima, Nawy + Safe + Farida
The plant will generate 2.5k GWh of electricity annually, powering over 500k homes
Kouchouk named African Finance Minister of the Year
PLUS- Acwa Power and HAU Energy’s 1.1 GW Suez wind farm named the Infrastructure Deal of the Year
Could desert sand be the key to sustainable construction?
Desert sand could be a sustainable alternative to traditional building materials, but research on how that could be done is…
Belarusian tractors made in Egypt. PLUS: Aswan High Dam upgrade, Giza Systems to open global delivery center
Under the plan, Belarus’ state-owned agricultural machinery manufacturer MTZ would partner with an unnamed Egyptian private-sector firm
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