IFC | Egypt Oil & Gas

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.

Egypt, IFC Launch Energy Efficiency Program

Egypt and the International Finance Corporation have agreed to a $2.3m deal to improve energy efficiency and pollution in Egyptian industry.

IFC to Give $50m Loan to Egypt’s PICO

IFC, a member of the World Bank Group, is providing a $50 million loan to Cheiron Finance Limited, a subsidiary of Egypt’s PICO International Petroleum, in an effort to bolster energy supplies in the Arab World's mos ...

IFC to invest $ 2 bn in Egypt’s Energy and Infrastructure

The International Finance Corporation (IFC), a subsidiary of the World Bank in charge of the private sector, plans to invest 1.2 to $ 2 billion in Egypt over the next four years.

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