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IFC could greenlight funds for East Port Said port expansion this month
The expansion of the terminal falls under Maersk’s USD 500 mn development plans for the East Port Said port
Japanese firms talk renewables, green fuel investments with SCZone. PLUS: GAFI’s plans for silver licenses + SFE interest in EgyCOP
The Japanese delegation was joined by local and international energy companies operating in the country
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
Egypt to build EUR 1 bn tire factory
The SCZone factory is set to churn out 7 mn tires each year
SCZone to borrow EGP 30 bn to fund green hydrogen infrastructure
Part of the loan will be denominated in USD to finance imported components
Acdima to set up USD 165 mn pharma factory
The factory will produce some 28 active substances for the pharma industry\
Maersk’s new green fuels venture eyes Suez Canal production hub
Maersk goes big on green fuel — with Egypt as a production hub: Danish shipping giant AP Moller-Maersk and its…
Egypt enlists foreign firm for USD 1 bn steel complex
The plant will have an annual capacity of 1.8 mn tons
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