{"id":635642,"date":"2017-12-10T03:56:22","date_gmt":"2017-12-10T03:56:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/enara-to-invest-usd-1-bn-in-african-countries-with-chinese-alliance\/"},"modified":"2017-12-10T03:56:22","modified_gmt":"2017-12-10T03:56:22","slug":"enara-to-invest-usd-1-bn-in-african-countries-with-chinese-alliance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/enara-to-invest-usd-1-bn-in-african-countries-with-chinese-alliance\/","title":{"rendered":"Enara to invest USD 1 bn in African countries with Chinese alliance"},"content":{"rendered":"

Enara Capital will be partnering up with a Chinese consortium to invest USD 1 bn in renewable energy projects in Africa over the next three years, CEO Sherif El Gabaly said<\/a>. The projects will be funded under the World Bank\u2019s financing framework for renewable energy projects in the region, under which Egypt has received c. USD 1.8 bn in funding. Reports on Wednesday said Enara was planning USD 680 mn-worth<\/a> of renewable energy projects in 2018. The company is exploring Ethiopia, Zambia, Senegal, and Madagascar as potential locations for its upcoming projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

Enara Capital will be partnering up with a Chinese consortium to invest USD 1 bn in renewable energy projects in Africa over the next three years, CEO Sherif El Gabaly said. The projects will be funded under the World Bank\u2019s financing framework for renewable energy projects in the region, under which Egypt has received c. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635642","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f3e4dabb-55ac-4d8f-af56-7e563e361e15","order":"0","is_powered_by":true,"section_story_id":"7f7d36ab-07d7-4d4e-8867-26d0288296d8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635614],"teaser":"","voice_url":""},"yoast_head":"\nEnara to invest USD 1 bn in African countries with Chinese alliance - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/enara-to-invest-usd-1-bn-in-african-countries-with-chinese-alliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enara to invest USD 1 bn in African countries with Chinese alliance\" \/>\n<meta property=\"og:description\" content=\"Enara Capital will be partnering up with a Chinese consortium to invest USD 1 bn in renewable energy projects in Africa over the next three years, CEO Sherif El Gabaly said. The projects will be funded under the World Bank\u2019s financing framework for renewable energy projects in the region, under which Egypt has received c. 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The projects, which will include solar, wind and waste-to-energy projects, will have a combined capacity of 300 MW. The company\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635588,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/enara-capital-planning-usd-680-mn-worth-of-energy-projects-in-africa-next-year\/","url_meta":{"origin":635642,"position":2},"title":"Enara Capital planning USD 680 mn worth of energy projects in Africa next year","author":"enterpriseam admin","date":"7 December 2017","format":false,"excerpt":"Enara Capital is planning to execute four renewable energy projects worth a combined USD 680 mn in four African countries next year, Al Borsa reports. The projects will be established in Ethiopia, Zambia, Senegal, and Madagascar, Enara\u2019s Chief Investment Officer Hashem Fouad said. The investment fund will finance the projects\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568407,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/29\/a-usd-2-bn-zombie-project-revived\/","url_meta":{"origin":635642,"position":3},"title":"A USD 2 bn zombie project revived?","author":"enterpriseam admin","date":"29 December 2020","format":false,"excerpt":"Enara Energy has signed an agreement with Chinese PV solar panel maker Chint Electric to partner on developing a sand-to-cell PV panel factory in Egypt, Enara\u2019s head of project development Mohamed Adel reportedly told the local press. Adel provides no detail on the project, its size or costs. 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