Italian Energy Company to Invest €24bn in North Africa

Italian energy company Eni has announced a €24 billion investment plan in North Africa over the…

Egypt and France Sign €7 Billion Agreement for Green Hydrogen Production

​Egypt and France have signed a cooperation agreement to develop, finance, construct, and operate a comprehensive…

Nigeria’s Renewable Energy Growth Stalls Amid Global Record Surge

While global renewable energy capacity saw a record surge in 2024, Nigeria’s progress remained stagnant at…

Sterlite Power Proposes Investment in Green Hydrogen Grid Project in Egypt

Sterlite Power plans to invest $5-6 billion in Egypt to build a dedicated electricity grid for…

Air Liquide Egypt, UEG Sign Deal for Green Ammonia Project

Air Liquide Egypt and United Energy Group (UEG) have signed a Memorandum of Understanding (MoU) to…

Nigeria Seeks Egypt’s Expertise to Strengthen Power Sector

In a bid to enhance Nigeria’s power generation, transmission, and distribution, the Federal Government has turned…

ACWA Power Inks $2.3B Deal for Egypt’s Largest 2 GW Wind Farm

ACWA Power signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC)…

Egypt, Cyprus, Chevron Seal Deal on Aphrodite Gas Project

Egypt and Cyprus’s governments and Chevron signed a Memorandum of Understanding (MoU) on Monday, February 17,…

IFC, CIB to Support Decarbonisation Across Key Sectors in Egypt

The International Finance Corporation (IFC) has announced a partnership with the Commercial International Bank (CIB) to…

BP Unveils Major Oil and Gas Discovery in Egypt

British Petroleum (BP) discovered oil and natural gas in Egypt’s northern Mediterranean, specifically in the King…