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Global Trade Alert

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Egypt: AfDB provides financing to support Obelisk 1 solar photovoltaic project

Description

On 11 June 2025, the African Development Bank Group (AfDB) approved a financing package of up to USD 145.5 million to support the Obelisk 1-gigawatt solar photovoltaic project and 200 MWh battery ener...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Jun 2025

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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