Egypt
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in Short
Egypt : a $100 million partnership to strengthen its role as a tech hub
Egypt is solidifying its position as a technology hub in Africa and the Middle East with a $100 million strategic…
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Egypt : EGP 7 billion for renewable energy
The Egyptian Electricity Transmission Company plans to invest EGP 7 billion (about $138 million) by the end of 2025 to…
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Egypt : green light for Suez wind project
The 1.1 GW Suez wind project, led by Acwa Power (Saudi Arabia), is set to begin construction, with 64% of…
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Egypt : $120 million pharmaceutical hub planned
Egypt is set to establish a $120 million pharmaceutical industrial hub in the Suez Canal Economic Zone, aiming to localize…
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Egypt : $23 billion high-speed rail project
Egypt’s $23 billion high-speed rail project will span 2,000 kilometers, connecting 60 cities. The system will allow 500 million new…
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Egypt : $3 million investment to boost entrepreneurial ecosystem
The small and medium-sized project development program announces a $3 million investment in the Foundation’s Investment Fund to support young…
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Egypt : one of the world’s largest economies by 2075, says Goldman Sachs
A recent economic report predicts that Egypt will be among the world’s largest economies by 2075. According to Goldman Sachs,…
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Tech : Africa50 Invests $15 Million in Raya Data Center to Boost Digital Transformation
Africa50, through its Infrastructure Acceleration Fund, invests $15 million to acquire 42.9% of Raya Data Center, valued at $35 million.…
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Egypt : a $4 billion ambitious plan to secure electricity in 2025
Egypt unveiled an ambitious plan to ensure electricity supply for summer 2025. During the inauguration of the Abydos 1 Solar…
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Egypt: AfDB grants $170 million to support Suez wind project
The African Development Bank (AfDB) has approved a $170 million loan to finance the Suez Wind Project, Egypt’s largest wind…
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