Egyptian Minister of Investment, Dalia Khorshid, witnessed the signing of a loan with BNP Paribas worth $650m for the development of two power stations in Assuit and west Damietta.
Mozambique’s Minister of Mineral Resources and Energy, Leticia Klemens laid the first stone of the combined cycle natural gas power station in Maputo.
Saudi Arabia and Tunisia signed an agreement for the construction of a power project in Monragia, Tunisia, co-financed by the Islamic Development Bank by some $200m.
East Delta Electricity Production Company (EDEPC) is working on obtaining a loan worth $125m, which will be used to upgrade the company's power stations.
The Ministry of Electricity plans to add 3,600MW of electrical energy next summer to overcome growing electricity consumption, according to Electricity Minister Mohamed Hamed Shaker.