Egypt is preparing to establish a green data centre project. This project would harness about 200…
Category: North Africa
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
Libya Discusses Gas Pipeline Proposal from Nigeria to Europe
Libya’s Prime Minister, Abdul Hamid Dbeibah, discussed the possibility of establishing a gas pipeline from Nigeria…
Egypt, ACWA Power Sign $1.5bn Wind Energy Agreement
Egyptian cabinet has stated that the country has signed an agreement for a 1.1 gigawatt wind…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…
IPR Energy Discovers Oil in Egypt
US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…
Russia Lends Egypt Over $1bn to Construct Nuclear Power Plant
Egyptian government officials have disclosed that Russia has lent Egypt over $1 billion to date of…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
Morocco’s MASEN Picks Noor Midelt III Solar Farm Bidders
The Moroccan Agency for Sustainable Energy (MASEN) disclosed the chosen bidders for the third solar farm…
Morocco Unveils Bidders for a 400MW Solar Power Project
The Moroccan Agency for Sustainable Energy (Masen) has announced eight pre-qualified bidding companies and consortia in…