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Egypt receives $800m from EU for clean-energy grid upgrade

By CityCalc Newsroom · Tue Jun 16 2026 · Source: AGBI

Egypt has secured up to €690 million ($800 million) from the European Union (EU) to upgrade and expand its electricity network. The package includes a €600 million loan from EIB Global, the European Investment Bank’s development arm, and up to €90 million in grants by the Europe…

Egypt has secured up to €690 million ($800 million) from the European Union (EU) to upgrade and expand its electricity network. The package includes a €600 million loan from EIB Global, the European Investment Bank’s development arm, and up to €90 million in grants by the Europe…

Curated by CityCalc from AGBI. Read the full article at the source.

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