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Egypt - Water Desalination Using Renewable Energy - Readiness | Environmental And Social Assessments Technical Assessment

Sector: Raw Materials • Location: Egypt

Source: African Development Bank (AfDB)

Project

The GoE requested the African Development Bank to provide technical assistance for the preparation of the Water Pillar of the Nexus of Water Food and Energy Platform, the NWFE-WP. GoE further requested the Bank to mobilize blended financing (loans and grants) to make NWFE-WP related investments more commercially viable for investors. The GoE signed on November 8, 2022,a partn

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The project “Egypt - Water Desalination Using Renewable Energy - Readiness | Environmental And Social Assessments Technical Assessment” is an infrastructure initiative in the Raw Materials sector, located in Egypt. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

The GoE requested the African Development Bank to provide technical assistance for the preparation of the Water Pillar of the Nexus of Water Food and Energy Platform, the NWFE-WP. GoE further requested the Bank to mobilize blended financing (loans and grants) to make NWFE-WP related investments more commercially viable for investors. The GoE signed on November 8, 2022,a partnership agreement with the Bank to build 5 renewable energy-powered water desalination plants with a total capacity of 525,000 cubic meters per day in 4 governorates with total financing of $625 Million under the NWFE platform. The current proposal, the WaDRE-R | ESA, is part of the Bank’s commitment for mobilizing technical assistance.

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High

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