Sahara: Morocco in talks with UAE over investment of up to $10 Bln in wind energy projects

Morocco is reportedly negotiating with some UAE companies wind energy projects in its southern provinces. The total investment of these projects is estimated between $8 and $10 billion, according to Arabic energy-focused Attaqa media platform. The Emirati companies engaged in talks are Masdar, AMEA Power, and Taqa. They are negotiating with the North African Kingdom […]

Dim Prospects for Algeria’s Gas Exports

Algeria’s gas production and export capacity is facing dim prospects with estimates the North African country to be a net gas importer of Liquefied Natural Gas (LNG) in two decades, warned the former Algerian energy minister Nordine Ait-Laoussine. Ait-Laoussine, who was speaking to Interfax Natural Gas Daily, said that politics and bureaucracy are contributing to […]

Arab Fund for Economic & Social Development loans Tunisia $52m for road projects

The Arab Fund for Economic and Social Development has granted Tunisia $52 million (KWD16 million) in form of credit facility to be used for road projects. The financing deal was signed during the 52nd annual meeting of the Board of Governors of the fund, held on the sidelines of the annual joint meetings of Arab […]