On Wednesday, September 23, 2026, the Libya's Development and Reconstruction Fund and Egypt's Ministry of Electricity and Renewable Energy signed a memorandum of understanding to enhance cooperation in the electricity and renewable energy sectors. The agreement was reached during a visit by Egyptian Minister of Electricity and Renewable Energy, Mahmoud Essmat, to Benghazi, where he met with the head of the Libyan Development and Reconstruction Fund, Belqasim Hafter.

The two parties discussed ways to support the electricity sector and meet the needs of development and reconstruction projects. They also explored the development of the electricity network and increasing its efficiency, in line with urban expansion and ongoing projects in several Libyan cities. The agreement aims to enhance coordination, partnership, and technical integration between the two parties in the electricity and renewable energy sectors.

The memorandum of understanding provides for cooperation in implementing projects that serve the needs of Libya's energy sector. The Libyan Development and Reconstruction Fund and the Egyptian Ministry of Electricity and Renewable Energy will work together to develop Libya's electricity network and enhance renewable energy projects. This cooperation is expected to contribute to the development of Libya's infrastructure and support the country's economic growth.

The visit by Minister Essmat to Benghazi is part of efforts to strengthen cooperation between Libya and Egypt in the energy sector. The two countries have been working together to enhance cooperation in various fields, including infrastructure development and energy production. The agreement signed on Wednesday is expected to pave the way for further cooperation between the two countries in the energy sector.

The Libyan Development and Reconstruction Fund plays a crucial role in supporting Libya's reconstruction efforts. The fund is responsible for managing and implementing development and reconstruction projects in Libya, including those related to infrastructure, energy, and transportation. The fund's efforts are aimed at supporting Libya's economic growth and improving the living standards of its citizens.

The cooperation agreement between Libya and Egypt's electricity ministries is expected to have a positive impact on Libya's energy sector. The agreement will help to enhance the efficiency of Libya's electricity network and increase its capacity to meet the needs of the country's growing population and economy. The agreement is also expected to contribute to the development of renewable energy projects in Libya, which will help to reduce the country's reliance on fossil fuels and mitigate the impacts of climate change.

Key points

  • The agreement aims to enhance cooperation in the electricity and renewable energy sectors between Libya and Egypt.
  • The agreement was signed during a visit by Egyptian Minister of Electricity and Renewable Energy, Mahmoud Essmat, to Benghazi.
  • The cooperation is expected to contribute to the development of Libya's infrastructure and support the country's economic growth.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.