The significant increase of electricity prices throughout 2017, coupled with other economic reform measures, placed considerable strain on both individual Egyptians and businesses in the country. Households and firms alike are banking on this short-term pain leading to long-term gain in the form of new investments across industries.
As Egypt looks to raise its generation capacity to meet rising demand, the government is seeking to attract independent power producers (IPPs) to a newly liberalised market. Renewable energy plans for 2015-23 call for 920 MW to be provided by IPPs, in addition to the 3.2 GW of government-operated projects and 1.25 GW generated under build-own-...
The Natural Gas Regulatory Act, or Law No. 196 of 2017, which was approved by the House of Representatives in the summer of 2017, is the culmination of a long legislative effort by the government. The drafting of the law began shortly after the election of President Abdel Fattah El Sisi in 2014, and the completion of this process followed...
For decades Egypt has been one of Africa’s largest petroleum producers. Though political unrest has diminished this capacity somewhat in recent years, the country is now hoping to attract further international interest as an exploration site and a production centre. It is aided in this effort by significant offshore and onshore discoveries, a...
Since the end of civil unrest the authorities have made efforts to attract investment into the sector. Côte d’ Ivoire’s geographic position bodes well for an increase in oil and gas discoveries: it lies on an area between two tectonic plates called the West African transform margin, which has been the source of several oil findings in the past...
Plans are under way to expand production capacity at three of Côte d’Ivoire’s thermal power plants operated by independent power producers (IPPs) Ciprel, Azito and Aggreko, against a backdrop of rising demand. In January 2018 Thierry Tanoh, the minister for oil, energy and renewable energy development, announced that work on the new units at...
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