Fiscal squeeze pushes Egypt to scale back its power investment plans

Issue 475 - 23 Dec 2022 | 1 minute read

The International Monetary Fund’s $3bn extended fund facility (EFF) arrangement with Egypt, announced on 16 December, has left Cairo wanting, with a further $14bn needed from international and regional partners to help fill depleted coffers.

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Fiscal squeeze pushes Egypt to scale back its power investment plans

Want to read more?

Don't have an account?

Register for access to our free content

Some positive signs in African politics, after a year of wasted opportunities and popular backlashes

South Africa’s third battery IPP window attracts 33 bidders

Libya claims back $60bn of Qadhafi’s secretly invested US Treasuries

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

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