– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
Zambia-Tanzania $1.2 Billion Power Interconnector Expected to Start Operations in 2029
Developing Countries’ External Debt Hits Record $9.4 Trillion in 2025, World Bank Warns
AngloGold Ashanti to Invest $900 Million in Gold Mine Expansions Across Africa and Brazil
AfDB Arranges $1.2 Billion Financing for Tanzania’s Tabora–Kigoma Standard Gauge Railway
Caledonia Mining Secures $150 Million Bridge Facility for Zimbabwe’s Bilboes Gold Project
AfDB President Calls for New African Financial Architecture to Accelerate Private-Sector Growth
US and Egypt Sign $125 Million Agreement to Expand Private-Sector Opportunities
Ethiopia Becomes Africa’s Fifth-Largest Economy After GDP Rebasing to $210.7 Billion
CANEX WKND 2026: Afreximbank Pushes Financing and Market Access for Africa’s Creative Industries
World Bank’s IFC Says Africa Needs Deeper Financial Markets to Mobilize Private Capital at Scale
Dangote Explores Cross-Border Share Trading as Refinery IPO Attracts $4.77 Billion in Orders
OPay Suspends $304 Million US IPO Following Chinese Regulatory Inquiry
Egypt Raises $500 Million Through International Bond Market Reopening
Ramaphosa Sees Opportunity to Reset South Africa-US Relations After Midterm Elections
Ghana Inflation Rises for Third Consecutive Month to 5.5% in October 2026
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Energy » Egypt to Add 2,500MW Renewables as El-Sisi Pushes Energy Transition
Energy

Egypt to Add 2,500MW Renewables as El-Sisi Pushes Energy Transition

by Mintesinot Nigussie April 8, 2026
written by Mintesinot Nigussie April 8, 2026
FacebookTwitterLinkedinEmail
186

CAIRO, April 8 – Egypt is set to add 2,500 megawatts of renewable energy capacity to its national grid in 2026 as part of an accelerated push to strengthen energy security and transition toward cleaner sources.

The plan was reviewed during a high-level meeting led by Abdel Fattah El-Sisi, alongside Prime Minister Mostafa Madbouly and senior energy officials. Discussions focused on expanding renewable energy projects, integrating wind, solar and battery storage into the grid, and meeting rising electricity demand under the country’s 2030 energy strategy.

Electricity Minister Mahmoud Esmat said the additional capacity will enhance grid stability and support Egypt’s goal of increasing the share of renewables in its energy mix to at least 42% by 2030. The strategy also includes improving efficiency and reducing dependence on fossil fuels.

Meanwhile, Petroleum Minister Karim Badawi outlined plans to settle outstanding payments to energy companies by mid-2026, alongside efforts to expand oil and gas reserves and optimise consumption.

You Might Be Interested In
  • Nigeria Suspends Gasoline Import Licenses as Dangote Refinery Dominates Supply

El-Sisi emphasised the need for coordinated policy execution across key ministries to accelerate clean energy deployment and secure financing. He also reiterated Egypt’s ambition to position itself as a regional hub for green energy.

The meeting further addressed preparations for peak summer demand, with authorities focusing on maintaining uninterrupted electricity supply and improving industrial energy efficiency amid ongoing regional pressures on energy markets.

Read Next

  • Nigeria Suspends Gasoline Import Licenses as Dangote Refinery Dominates Supply

    March 11, 2026
  • Egypt’s Industrial Production Index Rises 4.7% in October 2025

    December 30, 2025
  • Nigeria Approves $4.5 Billion Project Gazelle 2 to Refinance NNPC Oil-Backed Loan

    August 4, 2026
  • Kenya’s Central Bank Keeps Rate at 8.75% Amid Rising Inflation and Oil Price Risks

    June 10, 2026
  • Zimbabwe Currency Undervalued by About 50%, Central Bank Governor Says

    April 20, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy
  • African Economy Inc.