Egypt Commits USD 100 Million to Support Hydropower Projects in Nile Basin Countries

The Egyptian government has pledged to invest USD 100 million (around Shs360 billion) to assist Nile Basin countries, including Uganda, in developing hydropower dams along the Nile River. The announcement was made by Egypt’s Minister of Water, Professor Hani Sewilam, during the grand opening of the Grand Egyptian Museum in Cairo, attended by global leaders and dignitaries.

The $1 billion museum, themed “Celebrating Egypt’s Ancient Civilizations,” is set to open to the public next week, offering access to its rich galleries and exhibitions. During the ceremony, Prof. Sewilam highlighted Egypt’s readiness to invest in projects that promote regional cooperation, sustainable energy, and economic growth.

Uganda was represented at the event by Prime Minister Robinah Nabbanja, standing in for President Yoweri Museveni, who is currently campaigning for re-election. Nabbanja held bilateral discussions with Prof. Sewilam, alongside her delegation, including Deputy Ambassador to Egypt Lt. Gen. Charles Angina. She expressed appreciation for Egypt’s support to Nile Basin countries and called for measures to safeguard Uganda’s environment along the Nile while implementing the hydropower projects.

In his address, Egyptian President Abdel Fattah Al-Sisi described the museum’s inauguration as a landmark moment, saying the event marks a new chapter in Egypt’s history and future development.

The pledge demonstrates Egypt’s commitment to fostering regional development and collaboration among Nile Basin nations while encouraging sustainable energy solutions and environmental conservation along the shared river.