the Sovereign Fund of Egypt (TSFE)

The Egypt Infrastructure and Utilities Sub-Fund, affiliated with the Sovereign Fund of Egypt (TSFE), aims to inject EGP 5bn worth of investment into infrastructure projects across Egypt over the next two years. Karim Badr, CEO of the sub-fund said that the fund is in the process of launching tenders for the construction of five desalination plants in partnership with the private sector with a total capacity of 3 million cubic meters per day, with investments…