IFC | Egypt Oil & Gas

Badawi Highlights Investment Opportunities in Petroleum and Mining to IFC

Karim Badawi, Minister of Petroleum and Mineral Resources, discussed with representatives of the International Finance Corporation (IFC), the private sector arm of the World Bank,    investment and financing oppor ...

UAE’s AMEA to Establish Africa’s Largest Solar, Battery storage project in Egypt

The UAE-based AMEA Power, one of the fastest-growing renewable energy companies in the region, announced it will be building a solar panel and a battery storage project in Aswan. strengthen the resilience of Egypt ...

IFC Praises Egypt’s Mining Sector’s Competitiveness

Minister of Petroleum and Mineral Resources, Karim Badawi, met with Cheick-Oumar Sylla, Regional Director of the International Finance Corporation (IFC), a member of the World Bank Group. Their discussion focused ...

IFC Reviews Renewable Energy Cooperation with Egypt

Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from the International Finance Corporation (IFC), the World Bank’s private sector arm.
The meeting covered several cooperation ...

EETC, IFC to Establish 600 MW Solar Plant

EETC signed an agreement with the IFC for establishing a 600 MegaWatt (MW) solar power plant west of the Nile.

Petroleum Ministry, IFC sign an Infrastructure MoU

The Egyptian Ministry of Petroleum signed a memorandum of understanding with the IFC for financing oil and gas infrastructure projects that support Egypt's strategy to become a regional oil and gas trading hub.

Egypt Signs Loan Facility Worth $653M for Solar Plants

The Egyptian government signed 13 agreements with a banking consortium led by the International Finance Corporation (IFC) to fund the construction of 13 solar-power plants with a total capacity of 590 megawatts (M ...

Solar Sector Attracts $1.8B in Investments

Egypt’s solar energy sector has garnered $1.8 billion in investments.

IFC to Invest up to $700M in Renewable Energy Projects

The International Finance Corporation (IFC) plans to invest approximately $700 million in renewable energy projects in Egypt during the current fiscal year.

WB, IFC to Provide $600M for Oil & Gas Projects

The World Bank and the International Finance Corporation will provide $600 million for oil and gas projects in Egypt.

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