Egypt Signs $200M Agreement with EBRD
The Minister of Investments and International Cooperation, Sahar Nasr, signed an investment agreement worth $200 million with the European Bank for Reconstruction and Development (EBRD).
The Minister of Investments and International Cooperation, Sahar Nasr, signed an investment agreement worth $200 million with the European Bank for Reconstruction and Development (EBRD).
Egypt's gas flaring is enough to cover 5% of domestic electricity production, Director and Head of Natural Resources at the European Bank for Reconstruction and Development (EBRD), Eric Rasmussen, stated.
The European Bank for Reconstruction and Development (EBRD) predicts that Egypt’s economy will grow at 4.5% in fiscal year (FY) 2017/2018.
Egypt’s solar energy sector has garnered $1.8 billion in investments.
The European Bank of Reconstruction and Development (EBRD) will provide $28.5 million in financing for a solar plant in Aswan.