African development bank | Egypt Oil & Gas - Part 2

African Energy Deficit, at The Top of African Development Bank’s Agenda

African Development Bank President Akinwumi Adesina, who took over in September, said he’s aiming to eliminate Africa’s energy deficit by 2025 by mobilizing $55b of investment.

AfDB Pledges $700 Mn to Egypt Energy, With More to Follow

The African Development Bank will allocate US$700 million for the support of energy sector projects in Egypt, AfDB president Donald Kaberuka said in the inaugural of the 50th Annual Meeting of the bank.

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