Egypt almost doubles renewables funding to $2.81 billion

September 02, 2025

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Egyptian government is set to invest $2.81 billion in the electricity and renewable energy sectors during the 2025-26 fiscal year, almost twice the $1.5 billion allocated last year. The initiative is part of a long-term roadmap that aims to quadruple the share of renewable energy generation from the current 11% to 42% by 2030 to support sustainable production.

  • While other countries depend on private investments for their energy sector, Egypt’s government is taking a different approach. It will provide 73% of the planned funding, while private investments will cover the remaining 27%.

  • The country is already on track to achieve this ambitious goal. The electricity sector confirmed that the unified grid successfully navigated the summer of 2025 without any recurring outages, thanks to infrastructure upgrades. 

  • Our take: Given renewables' current attractiveness, it is in the best interest of African governments to invest… Read more (2 min)

In August, Africa’s energy sector raised $3.1 billion, with loans continuing to dominate at 56% of the total. However, the funding mix is becoming more diverse, as loans are increasingly paired with grants and equity blended with grant support. This shift is expected to lower project costs and reduce market risks for investors.

  • The combination of grants and loans ranked second at 26% ($808 million), followed by equity at 12% (360 million). Equity combined with grants accounted for 4%, while loans combined with equity made up the remaining 2%.

  • The African Development Bank has played a big role in providing concessional loans and yesterday ushered in a new president who pledged to “expand the Bank’s partnerships to new players such as sovereign funds, pension funds, and others”.

  • Our take: A lack of venture capital in August signals that early-stage companies face an uphill battle… Read more (2 min)

Forget solar and wind potential. Africa's most abundant energy resource lies in energy efficiency, says Felix Keuya in today’s opinion article. The continent loses around 25% of its generated power through leaky grids and 40% via wasteful industrial processes. Tackling these losses could unlock gigawatts of capacity — enough to power millions.

  • Mr Keuya is a researcher focused on engineering and finance in the energy sector. He has been featured in multiple publications and has worked on projects related to solar energy, industrial energy efficiency, and waste heat recovery.

  • He argues that large cement industries could generate megawatts of power through waste heat recovery technologies. Yet, fewer than 10% of these plants have even conducted feasibility studies, which shows how much untapped potential remains.

  • Click here to read full opinion article… Read more (2 min)

Spiro and the Catholic Church agree to roll out solar-powered swap stations across Kenya

Events

🗓️ Register for the 6th Power System Protection Summit (Sep 16)

🗓️ Attend the Battery Metals Forum in DRC  (Sep 29)

🗓️ Participate in the SAEEC Conference  (Oct 2)

Jobs

👷🏻‍♂️ Become CCAK’s Advocacy & County Coordination Officer (Kenya)

👷🏻‍♀️ Join Sun King as a Regional Business Manager (Madagascar)

⚙️ The Sola Group seeks an O&M Site Support Officer (South Africa)

Various 

🟢 Sidi Ould Tah assumes office as AfDB President

🌀 Wind power in Kenya’s grid jumps 13%, boosting capacity

🔋 Atom Solar Egypt joins AMEA Power’s 300MWh Kom Ombo BESS

Seen on LinkedIn 

Segun Odukoya, ESG Manager at Rensource Energy, says, “Investors are now scrutinising corporate water-risk disclosures almost as much as carbon footprints.”