Wamda

Egypt

KarmSolar secures $3 million from HSBC to fuel Farafra Solar Grid

Egypt-based cleantech KarmSolar has received $3 million (EGP83 million) in debt financing from HSBC to finance the development of its...

Egypt

Egypt-based cleantech KarmSolar has secured $2.4 million in funding from Qatar National Bank ALAHLI (QNB ALAHLI), as part of...

Egypt

Egypt-based solar energy company KarmSolar, has initiated a round of capital increase, supported by US-based Synergy Consulting as the...

Egypt

In a presentation that drew considerably on those of an Apple product launch, Egypt off-grid solar power specialist Karmsolar announced new...

Egypt

As Egypt’s plans for a large-scale renewable energy industry have disintegrated over the last year, small operators have quietly...

Global

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Egypt

In Karmsolar’s office on the posh Cairene island of Zamalek the company’s mission statement, to become the most innovative...

Regional

The ultimate example of urbanization in MENA: Dubai from above. (Image via Picasa) 'Megatrends', according to EY, are...

Egypt

Update: This article has been updated to include KarmSolar's largest deal to date, announced on October 18. Solar energy...

Egypt

KarmSolar is stepping into Egypt’s challenging grid-connected electricity market after signing a 27-year deal with Egypt’s...

Regional

The Middle East renewable energy sector for startups is in its infancy, but there’s huge potential for entrepreneurs to play a role...