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Scatec to set up Egypt’s first hybrid solar + battery plant
The project will be financed by the African Development Bank
China’s Befar wants to build USD 2 bn chemicals production complex
The complex will be powered by renewable energy sources and create 1k jobs
THIS EVENING: SCZone inks agreement with China’s Befar group for a USD 2 bn green chemical complex + Cabinet signs off on solar projects
Good afternoon friends, and HAPPY THURSDAY. We have some exciting news from our SCZone along with more renewable energy news…
Where does Egypt lie in Africa’s green energy investment landscape?
A report by McKinsey & Company sheds light on opportunities for investment in Africa’s green transition
Bids roll in for the FRA’s credit rating license. PLUS: Arab agri investment, Megamind, and Gulf nations
Three consortiums have submitted bids for the FRA’s credit rating license
National Green Hydrogen Council approves green hydrogen strategy
Egypt wants to produce 5-8% of global hydrogen by 2040 under the strategy
Infinity Power inks big Senegal contract. PLUS: Kuwaiti oil, digital banks, and aircraft
The battery energy storage system will supply Senegal with 40 MW of clean energy
Aur microfinance arm raises EGP 225 mn from securitization. PLUS: News from cabinet and SODIC
The issuance came in two tranches, both rates P1
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