AfDB’s USD 66 mn solar play keeps EgyptAlum green
· Egyptian market news · EAST

AfDB backs Dandara solar with USD 66 mn: Scatec’s 1.1-GW plan statement
The d etails: cut EgyptAlum’s greenhouse gas emissions by up to 30%
Why it matters: EU’s Carbon Border Adjustment Mechanism (CBAM)
How the financing came together: Nexus of Water, Food and Energy (NWFE) program March 2025 PPA EIB in October 2025 EBRD disclosure
BACKGROUND- USD 3 bn alumina refinery Trafigura-backed smelter expansion new East Al Tafreah greenfield site
Original source: enterpriseam.com