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…

COP28: Nigeria, Other African Countries to Join BESS Consortium

Nigeria and several African countries have expressed interest in joining the Battery Energy Storage Systems (BESS)…

COP28: Scatec Signs Solar Project Pact in Egypt

Norwegian renewable power producer Scatec has signed a pact for a project to deploy 1 GW…

AfDB Approves $131m Loan for Egypt’s Green Economy

The African Development Bank (AfDB) has approved a $131 million loan to Egypt to bolster its…

AEC Predicts Decline in Oil Production in 2024

According to a report by the Africa Energy Chamber, Africa is likely to have a flat…

EIB Opens Hub in Egypt for Climate, Energy Funding

On Monday, the European Investment Bank (EIB) officially opened its new regional hub in Cairo, Egypt,…

Energy Firms Partner to Increase Renewable Export to Africa

Desert Technologies, a renewable energy solutions provider and Elsewedy Electric LLC, an integrated energy and infrastructure…