Egypt Advances to Design Stage of Red Sea Petrochemical Project

Egypt’s Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint…

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…