Italy’s Eni to Build Solar Plant in Algeria

Italy’s energy company Eni and Algeria’s state-owned hydrocarbons firm, Sonatrach, inked an agreement to build a solar plant to help the north African country reduce its dependency on gas. In addition to meeting local electricity demand, the plant would also free up more gas for the export market, local media said. The 10MW plant will […]

Minister & Businessman to Gear Morocco’s 2026 World Cup Campaign

Morocco chose a successful businessman and current industry minister to lead its charm offensive to host the 2026 World Soccer Cup, in a fifth attempt by the kingdom to organize the global sports event. Moulay Hafid Elalamy will act as the governmental interlocutor for FIFA and will be tasked with coordinating the campaign to host […]

Morocco’s domestic demand surges 5.8%, driving economic growth

Morocco’s domestic demand jumped 5.8% in 2024, accelerating from 4.9% in 2023, contributing 6.3 percentage points to GDP growth compared to 5.4 points the previous year, according to provisional national accounts data from the High Commission for Planning (HCP). Household consumption expenditures, including non-profit institutions serving households, increased 3.4%, contributing 2.1 percentage points to economic […]