RicherFin · Sovereign Projects

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

Egypt · Egypt, Cairo Governorate · Water sector policy and administrative management

Overview

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.

Key project information

Official name
Egypt - Water Desalination Using Renewable Energy - Readiness | Environmental And Social Assessments Technical Assessment
Status
Approved
Current phase
Approved
Country
Egypt
Location
Egypt, Cairo Governorate
Sector
Water sector policy and administrative management
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 280k
Expected completion
2024-12-31