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Egypt mulling Blackstone unit's offer to take over power plants

By: Bloomberg     28th May 2019 Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings of Malaysia to take over three power plants co-built by Siemens – a move that could cut the North African nation’s debts while bringing in much-needed foreign investment. Both Blackstone’s Zarou and Edra have voiced... 

Egypt's Sisi opens huge suspension bridge over the Nile

By: Reuters     15th May 2019 Egyptian President Abdel Fattah al-Sisi on Wednesday opened a suspension bridge over the Nile touted as the world's widest, one of a series of military-led, megaprojects designed to improve infrastructure and provide jobs. The bridge, which crosses the Nile just north of central Cairo, is a key... 

Independent power producers and Weet-Bix

By: Saliem Fakir     19th April 2019 There is a vociferous attack on independent power producers (IPPs) and renewables in South Africa, despite the energy crisis that the country is experiencing and the fact that the long-term prospects for State-owned electricity utility Eskom look rather bleak. Eskom is a choke point, just as... 

Egypt seeking to increase trade and investment ties with South Africa

By: Rebecca Campbell     29th March 2019 Egyptian Ambassador to South Africa Sherif Eissa has called for more bilateral trade and investment between his country, as well as closer political cooperation. He was addressing the recent South African Chamber of Commerce and Industry (SACCI) and Federation of Egyptian Industries (FEI) Trade... 

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