Tag: AFDB
AfDB approves €83 mn loan for Egypt’s power infrastructure development
Posted: June 19, 2021 at 1:43 pm / Electricity & Power
The African Development Bank (AfDB) has approved an EUR 83 mn loan to support the development of Egypt’s power infrastructure, the multilateral lender said in a statement. The money will help to finance the second phase of the Electricity and Green Growth Support Program, an initiative designed to improve the finances of public sector electricity […]
Egypt’s Kom Ombo solar plant receives $114 million financing package
Posted: April 24, 2021 at 3:26 pm / Renewables
Egypt’s largest private solar plant, Kom Ombo, receives US$ 114 million financing package. EBRD, OPEC Fund, AFDB, GCF and the Arab Bank to finance the 200 MW solar plant in Egypt Kom Ombo solar plant to be developed, constructed and operated by ACWA Power Financing package to increase renewable energy in Egypt The European Bank […]
