Arab Finance: The Egyptian Minister of Electricity Mohamed Shaker and his Nigerian counterpart Abubakar D.Aliyu signed a memorandum of understating (MoU) to enhance bilateral cooperation in the field of electricity and renewable energy, according to a statement by the Egyptian ministry on January 24th.

Through the MoU, the two countries will provide technical support for the electricity generation sector and the development of electricity transmission and distribution networks, and the transition to smart grid systems.

This is in addition to promoting new and renewable energy systems in the electricity sector.

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