Electricity | Egypt Oil & Gas - Part 19
Ghana Resolving Electricity Supply Deficit ahead of Elections
Ghana’s government said it had added power generation capacity to its national grid in an attempt to fix electricity supply deficit that caused years of frequent blackouts hurting businesses, Reuters reported. A...
Egypt, Ethiopia, and Sudan Sign Preliminary Agreement over Renaissance Dam
Egypt, Ethiopia, and Sudan announced on December 29th that they had reached a consensus over the next steps of Ethiopia’s Renaissance Dam project, reports Ahram Online. The Khartoum Document comes after 11 rounds of t...
Egypt and Japan Expected to Sign Cooperation Agreements in January
Coordination has begun between Egypt and Japan to sign agreements on a number of cooperation projects during President Sisi’s visit to Japan in January, Al Mal reports. An official with the Japanese International Coo...
Final Negotiations over Dabaa Plant to Conclude in January
Egypt and Russia will reach a final agreement on the technical, financial and technological details of the Dabaa Nuclear Plant in January, Electricity Minister, Mohamed Shaker said, Daily News Egypt reports. The agree...
NBE Loans to Electricity Sector Worth EGP39.4b over 5 Years
The total amount of syndicated loans the National Bank of Egypt has made to the electricity sector over the past 5 years is approximately EGP39.4b, according to NBE Deputy Chairman, Mahmoud Montasser. Daily News Egypt...
China Railway Submits Bid to Build $2.2b Power Plant in Egypt
The China Railway Company has submitted a bid to build a $2.2b energy plant in Egypt that will operate on a combined-cycle system with a capacity of 2,000MW, according to Amwal Al Ghad. The report states that the comp...
IDWBE Considering EGP 500m Loan to Electricity Sector
The Industrial Development & Workers Bank of Egypt (IDWBE) is considering contributing between EGP 400m and EGP 500m to a syndicated loan to the Egyptian Electricity Transmission Company (EETC), being arranged by ...
Egyptian Banks to Co-Finance Siemens Power Plants
The Egyptian Electricity Holding Company has signed a loan contract with a consortium of 10 Egyptian banks worth EGP10b ($1.2b) to partially finance three new power plants to be built by German firm Siemens, reports A...
