EIB backs €1.6b France-Spain power interconnector
The European Investment Bank (EIB) will invest €1.6 billion ($1.84 billion) in a new power interconnector between…
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Energy security
Egypt ramps up grid projects to lead regional energy trade
Egypt is stepping up efforts to become a regional energy hub, highlighting major strides in power interconnection…
Egypt explores new mechanisms to secure local gas needs, ease import burden
Egypt’s Ministry of Petroleum, the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Natural Gas…
Petroleum Minister inspects Ain Sokhna LNG facilities
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi inspected LNG infrastructure developments at SUMED…
Afreximbank launches $3b intra-African oil financing programme
African Export–Import Bank (Afreximbank) has launched a $3 billion Revolving Intra-African Oil Trade Financing…
Egypt prepares for summer with focus on energy security, renewable expansion
Egypt’s Prime Minister, Mostafa Madbouly chaired a meeting to review ongoing preparations for the upcoming summer…
Energy Investments Key to Egypt’s Economic Future – FinMin
Egypt is committed to increasing energy sector investments to drive economic growth and enhance national…
GCF approves $130m for climate resilience in Kenya, Serbia
The Green Climate Fund (GCF) approved over $130 million for two projects led by the Food and Agriculture…
Japan sets 60% greenhouse gas reduction target by ’35
Japan's environment and industry ministries finalised a plan on Tuesday to cut greenhouse gas (GHG) emissions by 60…
EIB supports Spain’s renewable energy projects
The European Investment Bank (EIB) and Naturgy have finalised a €1 billion loan agreement to enhance Spain’s…