Most Recent News

500 MW Boost Elevates Egypt’s Solar Market Ranking

In 2025, Africa marked its fastest year of solar growth on record, with total solar photovoltaic (PV) capacity additions rising by 54 per cent compared with 2024. Against this backdrop.

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Egypt Launches Major 2026 Mediterranean Gas Drilling Programme

Egypt is preparing to develop its largest gas drilling programme in the Mediterranean, with drilling set to begin at the West Meina offshore field in North East Amriya. At a.

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Team Africa Initiative Positions Egypt Continental Financing Hub

Egypt has stepped forward with a proposal to mobilise $500 billion for nearly 300 projects across the continent. At the recent steering committee meeting of the African Union Development Agency.

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What Egypt’s $1 Billion Red Sea Project Signals

Egypt’s announcement of a $1 billion marina, hotel and urban development on the Red Sea marks a renewed leap in its long-standing economic diversification agenda. The initiative, centred on the.

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Non-Oil Output in Egypt Rises for Third Month as Demand Moderates

Egypt’s non-oil private sector maintained its expansionary trend in January 2026, recording growth for the third consecutive month, according to the latest S&P Global Purchasing Managers’ Index (PMI). While overall.

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Egypt Takes the Gavel at Africa’s Security Council

Egypt stepped into the rotating presidency of the African Union (AU) Peace and Security Council (PSC) on 1 February 2026 at a moment of heightened continental and regional tension. The.

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Can Industrialisation Drive Africa’s Economic Renaissance?

Industrialisation has long been at the heart of economic transformation worldwide. In the African context, it represents far more than an economic strategy: it is the beacon that might illuminate.

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Egypt Strengthens Economic Compass with €1 Billion EU Support

Egypt has received a €1.16 billion tranche from the European Union, marking a decisive step in securing economic stability amidst a challenging regional landscape. This support forms part of a.

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How Egypt Is Using LNG and Renewables to Power Its Economy

Egypt has secured a $1.8 billion renewable energy agreement with Norway’s Scatec and China’s Sungrow, coupled with fresh LNG cooperation with Qatar, which indicates a pragmatic recalibration rather than a.

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Why 2026 Could Be Africa’s Breakthrough Year for Clean Energy

The global energy transition has reached a pivotal inflection point. In 2025, renewable energy accounted for more than 92 per cent of new electricity generation capacity added worldwide, driven predominantly.

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