{"id":669736,"date":"2025-08-07T00:00:00","date_gmt":"2025-08-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/07\/infinity-power-to-set-up-two-solar-projects-in-the-ivoirian-market\/"},"modified":"2025-08-07T00:00:00","modified_gmt":"2025-08-07T00:00:00","slug":"infinity-power-to-set-up-two-solar-projects-in-the-ivoirian-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/07\/infinity-power-to-set-up-two-solar-projects-in-the-ivoirian-market\/","title":{"rendered":"Infinity Power to set up two solar projects in the Ivoirian market"},"content":{"rendered":"

RENEWABLES-<\/p>\n

Infinity Power ink agreements for landmark solar projects in C\u00f4te d'Ivoire:<\/strong> Our friends at Infinity Power have signed two concession agreements with the government of C\u00f4te d'Ivoire to build two solar plants with a total capacity of 80 MW in Touba and Laboa, the company said in a press release<\/a>(pdf)<\/a>. The agreements, part of the World Bank\u2019s Scaling Solar initiative, mark Infinity Power\u2019s first collaboration with C\u00f4te d'Ivoire and are set to supply electricity to over 400k people. The projects also include the construction of 17 km of transmission lines to connect the plants to the national grid.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

What they said:<\/strong> \u201cBeing entrusted with projects of this importance demonstrates our ability to deliver on Africa\u2019s energy potential. These solar plants will not just bring affordable electricity to hundreds of thousands of people but will also empower communities, strengthen infrastructure, and accelerate the country\u2019s progress toward a decarbonised future, \u201d said Chairman Mohamed Mansour. <\/p>\n

\n

M&A-<\/p>\n

Middle East Glass Manufacturing\u2019s board approved the merging of <\/strong>three of its<\/strong> subsidiaries into the company<\/strong>, the company said in a disclosure<\/a>(pdf)<\/a> to the EGX. The proposal to absorb Misr Glass Manufacturing, MEG Misr for Glass, and Middle East Glass Containers-Sadat will be presented to the general assembly for approval. <\/p>\n

\n

REAL ESTATE- <\/p>\n

Madinet Masr launched its EGP 90 bn New Heliopolis development <\/strong>Talala<\/strong>, the local real estate player said in a st<\/a>atement<\/a>(pdf<\/a>)<\/a>. The development is expected to bring in EGP 202 bn in sales, with units delivered within 4 and a half years.<\/p>\n

What they said:<\/strong> \u201cThe project reflects Madinet Masr\u2019s strategy in building integrated and sustainable urban communities according to the highest standards of quality and luxury,\u201d said CEO Abdallah Sallam.<\/p>\n

across several sectors in the local market, according to an EGX disclosure (pdf)<\/a>. <\/p>\n

\n

EDUCATION-<\/p>\n

Five new applied tech schools for pharma industry incoming:<\/strong> The government will establish five applied technology schools specialized in pharma and healthcare under a new cooperation protocol signed yesterday by the health and education ministries, the Egyptian Drug Authority, and an Italian pharma tech school, according to a statement<\/a>. The schools \u2014 set to open their doors in the 2025-2026 academic year \u2014 will offer dual certifications combining local technical diplomas and international training credentials. <\/p>\n

\n

DEBT-<\/p>\n

Raya Holding For Financial <\/strong>Investments\u2019 subsidiary Raya Integration <\/strong>has <\/strong>secured a EGP 1 bn integrated credit facility from Midbank<\/strong>, which will be used to fund its growth plans, in addition to supporting its digital transformation and technological efforts <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS- Middle East Glass Manufacturing\u2019s board approved the merging of three of its subsidiaries into the company<\/p>\n","protected":false},"author":1,"featured_media":669737,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[111,7106,73,72,7203,131,1884,7425,3707,83,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-669736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-debt","tag-education","tag-enterpriseam","tag-madinet-masr","tag-manufacturing","tag-midbank","tag-middle-east-glass-manufacturing-company","tag-raya-holding-for-financial-investments","tag-real-estate","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"a7ac5537-e428-49e8-afa9-7ee0aaf15016","order":"11","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1709.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Infinity Power to set up two solar projects in the Ivoirian market","related_issue":[669718],"teaser":"PLUS- Middle East Glass Manufacturing\u2019s board approved the merging of three of its subsidiaries into the company","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.a4a4193d-c8b9-487f-8916-3ddce728ab3a.mp3"},"yoast_head":"\nInfinity Power to set up two solar projects in the Ivoirian market - 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The company has submitted a request to the NREA to allocate three\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":546974,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/lekela-could-be-about-to-get-egyptian-emirati-owners\/","url_meta":{"origin":669736,"position":3},"title":"Lekela could be about to get Egyptian + Emirati owners","author":"enterpriseam admin","date":"5 June 2022","format":false,"excerpt":"Infinity + Masdar to take majority stake in Lekela? Renewable energy player Infinity and Emirati firm Masdar are close to acquiring Actis\u2019 majority stake in Lekela Power in a transaction that could be worth almost USD 1 bn, Reuters reports, citing three sources it says are familiar with the matter.\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/133.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622958,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/","url_meta":{"origin":669736,"position":4},"title":"Infinity Solar to invest USD 400 mn in renewables projects between 2019-2021","author":"enterpriseam admin","date":"17 October 2018","format":false,"excerpt":"INVESTMENT WATCH- Infinity Solar plans to invest USD 400 mn in solar and wind power projects through 20201, a company official told Al Mal. The company aims to develop as much as 400 MW of capacity in Cairo, the Red Sea and Aswan, the official said, all under the Independent\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":574633,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/16\/ib-vogt-sells-benban-solar-plant\/","url_meta":{"origin":669736,"position":5},"title":"Ib Vogt sells Benban solar plant","author":"enterpriseam admin","date":"16 September 2020","format":false,"excerpt":"M&A WATCH- Ib Vogt sells one of its Benban plants to Masdar, looks to offload three more: Germany solar company Ib Vogt has sold its entire share in its 64.1 MWp PV plant in the Benban solar park to Abu Dhabi-based renewable energy company Masdar, it said in a statement.\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/669736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=669736"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/669736\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/669718"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/669737"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=669736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=669736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=669736"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=669736"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=669736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}