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FINANCIAL NEWS
Egypt’s USD1.5b Wind Project up for USD400m fund
05 May 2015
(MENAFN) Egypt’s Wind energy Project, which has an estimated cost of USD1.5 billion, is considering further finance in order to be fully implemented on ground, Amwal Alghad reported.
Presently, the project under public-private association is mulling over a financing deal of USD400 million due from The African Development Bank Group (AfDB), according to a representative from the bank.
For AfDB , the scheme will be helpful in that it will represent part of the bank’s goal to fund infrastructure and energy projects in Egypt.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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