AFDB | Egypt Oil & Gas

Shaker Praises Work of AfDB in Egypt

The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, met with a delegation from the African Development Bank (AfDB) to discuss the bank's to support of Egypt energy sector.

AfDB to Finance Three Projects within Egypt’s FiT Program

The African Development Bank (AfDB) is considering financing three projects within the Feed-in Tariff (FiT) program in Benban, Aswan for $60m.

Egypt to Partially Pay Oil Arrears

Egyptian Ministry of Petroleum will repay part of its arrears to IOCs in May.

AfDB to Run Nigeria’s Power Company

African Development Bank's (AfDB) energy expert, Usman Gor Mohammed, was appointed to run Transmission Company of Nigeria (TCN), owned by Nigeria’s Power Ministry, in attempts to enhance the current power situation i ...

World Bank, AFDB to Loan Egypt $1.5b

Egyptian Prime Minister said the country expects to receive $1.5b in loans from the World Bank and African Development Bank (AFDB) by the end of 2015. The decision comes as part of the country's efforts to boost fore ...

African Development Bank to Fund Egypt’s Renewable Sector

Egypt signed Thursday a grant agreement with the African Development Bank Group's Middle Income Country Technical Assistance Fund (MIC TAF). Upon the agreement, Egypt shall receive three grants with total value of US ...

African Development Bank to Increase Hydropower Generation in Egypt

The African Development Bank (AfDB) plans to boost energy generation capacity at hydropower plants to 40,000 MW, with connections to Nigeria, South Africa and Egypt, according to AfDB’s report issued Tuesday.

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