Egypt moves into position as regional energy hub
President Abdel Fattah al-Sisi has announced Egypt is ready to export electricity to Africa at low prices.
CAIRO — Egyptian President Abdel Fattah al-Sisi announced in a Dec. 11 speech at the Aswan Forum for Sustainable Peace and Development that Egypt is fully prepared to export 20% of its surplus electricity to African countries.
In response to Niger's President Mahamadou Issoufou saying that the average cost of producing electricity in Africa is 14 cents per kilowatt, Sisi said that Egypt is willing to provide the rest of the African continent with electricity at half this price.
