Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage projec
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Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage projec

June 13, 2025
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The Board of Directors of the African Development Bank Group  has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt, which will be Africa’s largest solar power plant. Located in Qena Governorate

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