{"id":684759,"date":"2026-02-03T00:00:00","date_gmt":"2026-02-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/03\/elsewedy-electrics-iskraemeco-looks-to-invest-usd-20-mn-into-solving-egypts-water-leakage-problem\/"},"modified":"2026-02-03T00:00:00","modified_gmt":"2026-02-03T00:00:00","slug":"elsewedy-electrics-iskraemeco-looks-to-invest-usd-20-mn-into-solving-egypts-water-leakage-problem","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/03\/elsewedy-electrics-iskraemeco-looks-to-invest-usd-20-mn-into-solving-egypts-water-leakage-problem\/","title":{"rendered":"Elsewedy Electric\u2019s Iskraemeco looks to invest USD 20 mn into solving Egypt\u2019s water leakage problem"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>E<\/strong><strong>l Sewedy Electric\u2019s energy and water <\/strong><strong>management solutions arm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/iskraemeco.com\/\" style=\"\" rel=\"noopener\">Iskraemeco<\/a><\/strong> <strong> plans to invest USD 10-20 mn over the next two years to double its share of Egypt\u2019s national water projects<\/strong>, Managing Director Mostafa Ashour told EnterpriseAM. The company is targeting a 40% market share by 2026 by expanding production lines for smart meters and Internet of Things (IoT) systems.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters: <\/strong>As Egypt works to expand its desalination capacity and towards the private-sector management of water utilities, water leakage and theft \u2014 known in the business as non-revenue water \u2014 will become an increasingly important concern. Ashour tells us their tech can cut these losses by 20-30% within a year, presenting an attractive cost-recovery strategy to businesses that use water and the companies that provide it.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To hedge against rising import costs, the company has pushed local component <\/strong><strong>integration to 30\u201350%<\/strong>. This localization allowed them to absorb price spikes without passing the full weight onto government contracts, we were told.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iskraemeco is also following the capital into Saudi Arabia and the UAE<\/strong>, where it is currently bidding on tenders. In African markets, it uses a buy now, pay later model and phased extension to bypass the budget constraints of partners.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** 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","protected":false},"excerpt":{"rendered":"<p>The company is targeting a 40% market share in national water projects by 2026<\/p>\n","protected":false},"author":1,"featured_media":684760,"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":[12321],"tags":[152,72,7111,368,12320,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-684759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-utilities","tag-elsewedy-electric","tag-enterpriseam","tag-infrastructure","tag-sustainability","tag-utilities","tag-water","wpautop","entry"],"acf":{"mongo_id":"990b5dc5-c5c9-4d9e-a5da-b12a9ee04aee","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/2\/190.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Elsewedy Electric\u2019s Iskraemeco pumps USD 20 mn into stopping Egypt\u2019s water from going down the drain","related_issue":[684751],"teaser":"The company is targeting a 40% market share in national water projects by 2026"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The 800 MW gas-fired open cycle power project is located in AI Aweer in\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":552308,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/a-new-wave-of-water-investing\/","url_meta":{"origin":684759,"position":1},"title":"A new wave of water investing","author":"enterpriseam admin","date":"25 August 2022","format":false,"excerpt":"Investing in water is garnering renewed interest as climate risks loom: As drought becomes more widespread and the pervasive effects of climate change intensifies the challenge of managing global water resources, investors are looking for ways to finance the technologies and infrastructure supporting more efficient water use. 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