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The government is weighing a USD 1 bn integrated quartz-to-panel solar plant in Zafarana
The project will run the entire chain, from local quartz smelting to finished PV modules
The Minya solar plant is drawing fresh financing from EAAIF
The USD 30 mn loan is only a small portion of what’s happening in Egypt's renewables financing story right now
AfDB’s USD 66 mn solar play keeps EgyptAlum green
A funding of up to USD 66 mn from the AfDB will power the first phase of a solar plant…
Our first wind turbine factory moves forward with a wind farm on the side
Plus: The government wants to add some 5 GWh of battery storage capacity by 2027
House signs off on FY 2026/27 budget, but demands macro reality check
Good morning, ladies and gents. It’s a quieter morning as Egypt continues to ride high from yesterday’s knockout performance at…
Infinity Power taps China’s Aiko Energy for 1.2 GW Nefer Minya mega-plant
Plus: Egyptian banks transition to the data-rich ISO 20022 SWIFT standard
EIB considers backing Alcazar’s Ras Ghareb, Scatec’s Dandara projects
The European lender is appraising a USD 152 mn slice of Alcazar’s wind debt, alongside an undisclosed package for Scatec’s…
Gov’t fully clears USD 6.1 bn in arrears to int’l oil companies
Good morning, wonderful people. We head to the weekend with a mixed bag of inflation data, as annual urban inflation…
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