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THIS MORNING: Privatization, privatization, privatization
Good morning, friends, and happy hump day. We’re counting the hours until we can enjoy Semsema and Stavolta this afternoon…
Lekela could be about to get Egyptian + Emirati owners
Infinity + Masdar to take majority stake in Lekela? Renewable energy player Infinity and Emirati firm Masdar are close to…
Scatec to build green ammonia plant in Egypt + Lekela eyes green hydro, desal projects
Investment into green energy and infrastructure is starting to heat up ahead of COP27:- Norwegian renewable energy giant Scatec plans…
THIS EVENING: Lekela Power could invest up to USD 1 bn in Egypt in next four years + Fresh sanctions, civilian evacuations dominate Russia-Ukraine news
Happy almost-THURSDAY, wonderful people. We have a relatively quiet news cycle here at home, coupled with the mandatory developments on…
Is Goldman Sachs being tapped to advise EFG on FAB’s acquisition bid? Plus: Old Mutual has competition for Lekela stake.
EFG Hermes plans to pick Goldman Sachs to advise shareholders on First Abu Dhabi Bank’s (FAB) acquisition bid, Bloomberg reported…
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…
Lekela’s West Bakr wind farm is live
Actis-backed Lekela’s West Bakr wind farm became fully operational yesterday: Renewable power generation company Lekela Power announced yesterday (pdf) that…
Egypt to soon ink contracts for KSA-linked power network
Egypt is close to signing contracts for a 2 GW electricity transmission network that will link Egypt’s electricity grid to…
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