saipam_sonatrach

AfDB commits $303m for Mauritania-Mali electricity interconnection project

The African Development Bank (AfDB), through its African Development Fund (ADF), has approved a $303 million loan for the building of a 1,500 km-long power line interconnecting Mauritania and Mali, as part of the Desert to Power Initiative. The project requires $888 million and involves the construction of a 225 kV high-voltage line between Mali […]

Algeria, a collateral in Saudi-Russian oil price war

Algeria could be one of the countries whose economy could crash on the back of low oil prices as a result of the price war between Russia and Saudi Arabia. Saudi Arabia escalated its oil price war with Russia on Tuesday as its state-owned company pledged to supply a record 12.3 million barrels a day […]

Guinea’s junta tightens grip on power despite opposition protests

Guinea’s military junta, led by Colonel Mamady Doumbouya, is facing mounting resistance from the country’s resilient civil society and pro-democracy movement as it seeks to extend its hold on power. Since seizing power in a 2021 coup, Doumbouya’s government has delayed its promised return to constitutional order, now eyeing elections for 2025 after missing a […]