AGP Executive Report
Last update: 7 hours agoNile Water Security: At Cairo Water Week, President Abdel Fattah al-Sisi said Egypt would not accept unilateral control of the Nile, which supplies more than 98% of its renewable water. Irrigation Minister Hani Sewilam put annual demand at 120 billion cubic metres against 89 billion available, and urged more European financing for farmers and modern irrigation. Water Infrastructure: The government approved PPP preparations for industrial wastewater treatment in Port Said and desalination in Suez. The European Investment Bank says it has financed more than €1.2 billion in Egyptian water projects since 1989, including wastewater treatment and Nile Delta schemes. Renewable Energy: Earlier this week, the EBRD and lenders backed a 1.2-gigawatt solar project with battery storage in Egypt, while Scatec and the EBRD announced a separate $221 million renewables investment platform. Weather: Egypt’s meteorological authority warned of rain, thunderstorms and possible flash floods starting Sunday.
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