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This article also features in Egypt Energy. Read more about this report and view purchase options in our online store.

Egypt Energy Highlights

How is Egypt enhancing its digital transformation agenda?

Egypt, the only country in the Middle East and North Africa not to enter recession during 2020, already exhibited a strong acceleration in digitalisation during the years leading up to the pandemic. However, as with many countries in the region, the Covid-19 outbreak has led to unprecedented and fundamental changes across all industries, largely as a result of digitalisation.

President Abdel Fattah El Sisi: Viewpoint

on meeting economic and social objectives in parallel with international environmental targets

Oil & Gas
Interview

Interview with the Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla
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On modernising the sector to attract foreign investment
Overview

Hydrocarbons projects could make Egypt a leader in energy
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Egypt’s energy sector has traditionally been defined by the country’s status as the largest oil producer outside of the Organisation of the Petroleum Exporting Countries (OPEC) and the third-largest producer of dry natural gas on the Africa continent.
Analysis

Market liberalisation and discovery prospects lure international oil and gas companies back to Egypt
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According to the Minister of Petroleum and Mineral Resources, Tarek El Molla, foreign investment in oil and gas reached approximately $10bn in FY 2017/18, representing growth of 25% over investment received during the year prior, due mainly to spending on new gas fields in the Mediterranean Sea.
Overview

Investments in gas, coal, nuclear and renewables could secure Egypt's energy future
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The energy sector is an important driver of Egypt’s socio-economic development, accounting for around 13% of GDP in 2017.

Interview with the Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla
Hydrocarbons projects could make Egypt a leader in energy
Market liberalisation and discovery prospects lure international oil and gas companies back to Egypt
Investments in gas, coal, nuclear and renewables could secure Egypt's energy future
 

Green Energy

Economic Update

Does solar have a bright future in Egypt after Covid-19?
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Egypt’s total of 1173 recorded Covid-19 cases and 78 deaths, as of April 5, places Africa's third-most populous country significantly below the global per capita averages for both counts as the pandemic continues to disrupt the global economy.

Analysis

New policies for private investment in Egypt's renewables
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A combination of factors is driving demand for solar power in Egypt. According to the European Bank for Reconstruction and Development (EBRD), the cost of electricity produced by renewable projects has gradually decreased over recent years to become more competitive than traditional hydrocarbons-based sources.

Economic Update

The renewable projects driving Egypt’s energy transformation
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Egypt is moving ahead with plans to transform its renewable energy capacity, spearheaded by the development of a major solar power station.

Analysis

Egypt looks beyond oil to alternative natural resources
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Egypt has the potential to produce 53% of its electricity from renewable sources by 2030, according to a 2018 assessment from the International Renewable Energy Agency (IRENA).

Regional (energy) developments
Overview

Focus on renewables adds to Algeria's commitment to fossil fuels
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The steep fall of oil prices in 2014 underlined the extent to which the Algerian economy, already under pressure from growing domestic demand for energy and decreasing output, was dependent on hydrocarbons.

Economic Update

How Kenya can profit from renewable energy

Kenya’s main power producer is looking to tap the bond market to fund the expansion of its green energy capacity, with renewable resources set to completely replace the country’s thermal electricity generation within 15 years.
Economic View

Interview with Austin Avuru, CEO of Seplat Petroleum Development Company

On the impact of Covid-19 and falling oil prices on Nigeria’s economy
Global Platform

Upstream development and deepwater exploration in Ghana drives sector growth

In this Global Platform video, Kevin Okyere, CEO of Springfield Group, talks about Ghana’s upstream sector and Springfield becoming the first independent African energy company to drill in deepwater.
Interview

Saïd Mouline, CEO, Agence Marocaine pour l’Efficacité Energétique, AMEE: Interview
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On incentivising companies to increase their energy efficiency
Analysis

Côte d'Ivoire's new investments in hydrocarbons projects
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With a renewed focus on promoting its hydrocarbons potential, Côte d’Ivoire is aiming to bring fresh investment to the exploration and development of its oil and gas resources.
Overview

Energy production in Tunisia gets a boost from new projects and diversification of the upstream energy mix
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Without the vast hydrocarbons riches of its regional neighbours, Tunisia has relied heavily on policy decisions to maintain energy security.

Focus on renewables adds to Algeria's commitment to fossil fuels
How Kenya can profit from renewable energy
Interview with Austin Avuru, CEO of Seplat Petroleum Development Company
Upstream development and deepwater exploration in Ghana drives sector growth
Saïd Mouline, CEO, Agence Marocaine pour l’Efficacité Energétique, AMEE: Interview
Côte d'Ivoire's new investments in hydrocarbons projects
Energy production in Tunisia gets a boost from new projects and diversification of the upstream energy mix
 

Focus Report: Positioning Egypt's petroleum and mining sectors for future growth and development

Egypt is well placed to be a centre for trade in many sectors, and its significant oil and gas deposits – combined with efforts to modernise the industry and attract investment – make it a potential energy leader in the region.

Global Pandemic Disruption

Economic Update

How will oil prices shape the Covid-19 recovery in emerging markets?
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A combination of continued production cuts and an increase in economic activity has prompted oil prices to return to pre-pandemic levels – a factor that will be crucial to the recovery of major oil-producing countries in the Middle East and Africa.

Economic Update

Can emerging economies afford a "green" recovery from Covid-19?
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The dramatic slowdown in industrial production, energy demand and transport activity in the first quarter of 2020 has led to significantly lower levels of air pollution, sparking debate over whether the coronavirus outbreak will lead to long-term shifts in consumer and industrial behaviours that could reorient economic policy towards sustainable development goals.

Economic Update

Covid-19 and the oil price slump in Africa: which countries will fare better?
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In Africa, the twin challenges of the coronavirus pandemic and subsequent drop in oil prices are affecting countries in different ways: net energy exporters are braced for headwinds, but net importers have some relief from current account pressures.

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