Egyptian cabinet has stated that the country has signed an agreement for a 1.1 gigawatt wind…
Category: North Africa
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…
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…