The Egyptian government is stepping up initiatives to reduce carbon emissions in a context marked by climate change. Cairo is working to greenify all of its sectors of activity.
Egyptian telecom operators Telecom Egypt, Vodafone, Etisalat, and Orange recently signed green energy acquisition agreements with the New and Renewable Energy Authority (NREA). The agreements were signed on Wednesday, May 7, in the presence of Prime Minister Mostafa Madbouly and Mohamed Shaker, Minister of Electricity and Renewable Energies.
This initiative is part of the Egyptian government's commitment to supporting clean energy initiatives in various sectors to reduce carbon emissions, in line with Egypt's 2050 National Climate Strategy. Cairo aims to increase the share of renewable energies in the national energy mix to 42% by 2035, up from 20% in 2022.
The partnership with telecom operators should help accelerate the achievement of the government's climate objectives, given that the sector is one of the largest consumers of electricity. For their part, telecom operators will be able to reduce their long-term energy costs while minimizing their impact on the environment.
Isaac K. Kassouwi
• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
This launch is a significant milestone that highlights Rwanda's ongoing digital transformation. With...
• FirstRand receives approval to take over HSBC's South African assets, clients, and staff• Move sup...
Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura,...
• WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025• BCEAO attributes the decline t...
• New oil find in Abu Sennan yields 1,400 barrels of crude and 1 million cubic feet of gas per day• Egypt invests $1.2 billion to drill 110 wells in...
• Access Holdings finalises deal to take over Standard Chartered Bank Gambia• Standard Chartered ends its 130-year presence in the Gambian banking market•...
• Africa No Filter study links negative perceptions to weak consumer interest abroad• Over 40% of Africa-related associations in US and UK were seen as...
• Wafa Assurance offers to acquire 51% stake in Cairo-listed Delta Insurance• Deal values Delta at EGP5 billion ($317 million), priced at EGP40 ($2.52)...
Tucked away in northeastern Chad, deep in the heart of the Sahara Desert, the Ennedi Massif stands as an extraordinary natural and cultural marvel. This...
Kakum National Park is a protected area located in Ghana’s Central Region, near the city of Cape Coast. Established as a forest reserve in 1931 and...