IFC Mulls $120 Mn Debt Financing for Egypt’s Gabal El Zeit Wind Farm

• Tuesday, 29th September 2026
• by Doaa Ashraf

The International Finance Corporation (IFC), the World Bank’s private sector arm,  is considering extending a $120 million debt facitlity to UAE’s Al Cazar Energy to fund the acquisition, operation, and ma...

Egypt and IFC Explore New Avenues for Cooperation in Energy and Mining

• Tuesday, 19th November 2024
• by Fatma Ahmed

Minister of Petroleum and Mineral Resources Karim Badawi has received a delegation from the International Finance Corporation (IFC), headed by Valerie Levkov, Global Industry Director for Energy, Metals & Mining, ...

World Bank Extended Sankofa’s Funding by $517m

• Sunday, 18th December 2016
• by Egypt Oil & Gas

Two unit of the World Bank Group would provide another $517m to Ghana in debt and guarantees to support the $7.7b Sankofa oil and gas project developed by Italy’s ENI SpA and upstream trader Vitol Ghana, Reuters...

IFC Continues Investments in Egypt’s Renewable Energy

• Tuesday, 20th September 2016
• by Sarah Samir

International Finance Corporation’s (IFC) Director for the Middle East and North Africa Region, Mouayed Makhlouf, confirmed IFC’s commitment to Egypt’s energy sector and supporting the government’s agenda ...