NWFE Program

$3.2B in total financial pledges from development partners to implement NWFE Program's energy pillar

Sun, 19 Nov 2023 - 08:58 GMT

This came at the first follow-up report of the NWFE program, launched by the Ministry of International Cooperation, on the occasion of the one-year anniversary of the launch of the NWFE program, the link between water, food and energy projects.

Al-Mashat unveils outcomes of NWFE Program after "Year of Implementation"

Sun, 19 Nov 2023 - 08:49 GMT

This came during a roundtable to discuss the progress made within Egypt's Country Platform for the Nexus of Water, Food and Energy (NWFE) program, which was launched in July 2022.

Al-Mashat leads high-level meeting on NWFE Program, pledges 10GW renewable energy implementation

Tue, 24 Oct 2023 - 04:16 GMT

Under the energy pillar, the NWFE program endeavors to leverage innovative financing solutions encompassing grants, debt swaps, technical assistance, credit guarantees, private sector investments, and concessional development funding.

NWFE to carry out renewable energy projects with $10B investments

Tue, 24 Oct 2023 - 01:03 GMT

Egypt is set to undertake renewable energy projects with a total capacity of 10 gigawatts and investments amounting to $10 billion over the next five years

NWFE program aims to mobilize investments worth $14.7B: Al-Mashat

Thu, 19 Jan 2023 - 09:43 GMT

Those investments are divided into $10 billion for energy sector projects to implement plants generating 10 GW of renewable energy, and $1.35 billion directed to water sector projects, in addition to $3.35 billion for food security projects.

NWFE Program reflects Egypt's objectives of COP27: Al-Mashat

Wed, 21 Sep 2022 - 03:42 GMT

Al-Mashat elaborated that the main objective is to move from pledges to implementation; accelerating climate action, mobilizing development financing and private sector investments, and providing technical support in the priority sectors of water, food, and energy.