AGP Executive Report
Last update: 3 hours agoWater Stress: Egypt’s per-capita water share has fallen to 472 cubic metres a year, Irrigation Minister Hani Sewilam said. With the Nile supplying more than 98% of the country’s freshwater, the government is expanding smart irrigation, renewable-powered desalination and monitoring for saltwater intrusion along the coast. Extreme Weather: Egypt’s weather authority forecast heavy rain and flash floods on Wednesday, warning of stormy conditions in parts of the country. Clean Energy: A $650 million financing package was signed for a 1-gigawatt solar project in Qena. Separately, President Sisi reviewed a 200-megawatt Gulf of Suez wind project as Egypt targets a 45% renewables share by 2028. Green Business: Twelve Egyptian ventures in areas including recycling, waste management and climate technology received a combined EGP 57.5 million through the GreenShift programme to help scale their operations. Desertification: Egypt is set to host the UN’s COP18 desertification summit in 2028.
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