Balanced on a financial tight-rope, the Egyptian government is still securing investment commitments for its green energy transition and has brought forward its renewables target by five years.
London-based European Bank for Reconstruction and Development (EBRD) is financing the first part of a $2bn programme of transmission upgrades and has named the first gas-fired generator to be shut under the scheme, while Maersk’s new C2X green methanol venture has picked Egypt for its first deal.
Subscribe to African Energy
African Energy is a brand of
