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Diesel refinery gets USD 1.5 bn financing + lots of other energy news from Egyps
Several of Europe’s biggest banks are providing us with USD 1.5 bn to finance the construction of the new mazut…
How viable is battery storage as a solution to Egypt’s electricity oversupply problem?
Egypt is exploring the potential of energy storage through batteries to combat our electricity oversupply problem: As Egypt continues to…
Gov’t issues tariffs for EV charging
We officially have EV charging tariffs: The Electricity Ministry has set the tariffs motorists will pay to charge EVs in…
Old Mutual makes a bid for Lekela as Actis plots exit
Pan-African financial services outfit Old Mutual is bidding for Actis’ 60% stake in Lekela Power through its African Infrastructure Investment…
El Sisi signs fintech and unified budget acts into law
Fintech Bros, pay attention here: President Abdel Fattah El Sisi has ratified the Fintech Act, which regulates robo-advisory, nano-finance, insurtech,…
Private schools in Egypt are feeling the pinch of inflation
Inflation is hitting Egypt’s private schools, and those with high CAPEX expenses are feeling the greatest squeeze: Private schools have…
Last Night’s Talk Shows: Senate greenlights draft Labor Act + Plans to surveill public land to deter illegal builders
The draft Labor Act (which got the Senate’s final nod yesterday) dominated coverage on the airwaves. The Senate approved an…
Ukraine crisis spurs “uncertainty” in wheat market -El Moselhy
Rising tensions in the tug-of-war between Russia and Ukraine are causing “uncertainty” in the wheat market, Al Shorouk quoted Supply…
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