Algeria spikes defense budget to $21.6 bln

As Algerians continue to suffer in long queues for basic goods, the military regime in Algeria has allocated its defense department a bloated budget of 21.6 billion dollars in 2024, up from 19 billion this year. The army thus widens the gap with other departments as the largest spending sector, mirroring its position as a […]

Morocco launches 14th wind Farm to fast-track green energy transition

Morocco has commissioned its 14th national wind Farm in the southern city of Boujdour that is expected to produce 300MW as part of efforts to accelerate the country’s transition into green energy. The National Office of Electricity and Drinking Water (ONEE), Morocco’s utility company, unveiled the project at the same time as it activated the […]

Nigeria on way to cut dependence on imported refined oil

Nigeria’s oil regulator (NUPRC) reached a deal with producers to ensure steady supply of crude to local oil refineries, a move that would help the country cut dependence on imported fuel. Africa’s richest oil country imports most of its refined oil needs partly due to oil majors demanding excessive premiums or saying they had no […]