New initiative to help banks in the Philippines, Mexico and Egypt scale climate finance

It is designed to increase climate lending by participating banks to 30% of their portfolios by 2030, while reducing exposure to coal

Oil discovery in Egypt’s Western Desert

Independent producer Apex said the well in Cretaceous sandstones can produce 2,000 barrels a day

London-based bank backs renewable energy in Egypt with $4.2m loan

It will finance the construction of a solar power plant, with a capacity of 6MW, at Dina Farms

New partnership to help Egyptian farmers buy solar irrigation systems

Using solar power for pumping water is estimated to help farmers save $875m annually in diesel fuel costs

BP starts gas production from Qattameya field in Egypt

It is expected to produce up to 50m cubic feet of gas per day

World Bank approves $200m to improve air quality in Egypt

The project will focus on reducing emissions from vehicles, improving the management of solid waste and strengthening the air and climate decision-making system in Greater Cairo

Egyptian businesses win EBRD awards for closing gender gap in the energy sector

The Egyptian companies have promoted ‘green skills’ in the renewable energy sector and safe transport for women

Construction of new 250MW wind power plant begins in Egypt

The new facility is expected to help the country achieve its 2022 clean energy goal

Oil refinery in Egypt lent $50m for energy efficiency upgrades

The measures are expected to help reduce carbon emissions by around 289,000 tonnes

New $30m loan to support business energy efficiency in Egypt

They will cover investments in technologies such as thermal insulation, solar panels, geothermal heat pumps and water-efficient irrigation systems