Ahmed Sewedy on hydropower
From Ahmed Elsewedy on Africa’s Potential, The Energy Transition, And Youth Education | Africa CEO Forum · · Al Arabiya English
“There is no way except to put convention let's say 1 giga 2 ga 3 ga power station or hydrop plant and really we as a company we love very much to work in things which have big impact on the continents and big impact on countries and this Dura hydropower plant have huge impact in all Tanzania and the countries around especially that the cost of energy should be much less. This is the project for the next 50 years. It's over two giga which is really a lot. It can give a lot of jobs for a lot of people. It can change the way of education, of health, of in industry.”
On , Ahmed Sewedy, CEO at Elsewedy Electric, spoke about hydropower during Ahmed Elsewedy on Africa’s Potential, The Energy Transition, And Youth Education | Africa CEO Forum on Al Arabiya English.
About Ahmed Sewedy
Ahmed Elsewedy, president and CEO of Elsewedy Electric, spoke at the Africa CEO Forum in Kigali in March 2025 about the need for cross-border cooperation and regulatory clarity to advance energy infrastructure in Africa. He described electricity access as essential for improving living standards, stating that "we need 100% infrastructure for electricity for everybody." Elsewedy argued that clear regulations and a defined path for private sector investment are necessary, noting that infrastructure projects in Africa can take "three or four years just for approval." He called on major financing institutions such as the IMF and EBRD to establish clear rules for private investment and to set long-term visions for energy needs. Elsewedy also discussed how Elsewedy Electric remains competitive against firms from China and Europe, citing the company's investments in technology, digital tools, and artificial intelligence. He emphasized a customer-focused approach, saying the company aims to "fulfill his needs and his problems with our expertise and our financials."