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EFG Hermes targets renewables opportunities

EFG Hermes is looking for investments in North Africa’s renewable energy sector as countries in the region look to diversify their energy mix to help plug energy shortages. Egypt’s energy ministry estimates that the country needs $70 billion in investment over the next 7 years to meet expected energy demand. The Egyptian investment bank is looking to build investment vehicles to take advantage of greenfield developments in Egypt and the rest of North Africa.

Read more at The National…

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