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The head of the Libyan Investment Authority (LIA), Mohsen Derregia, who has been sacked by Prime Minister Ali Zeidan but still reluctant to leave office, has said that the decision is costing the country millions. He was replaced under a government policy but the decision is being challenged in court. The defiant Derregia claimed that […]
Egypt-based Edita Food Industries to launch production plant in Morocco by end of 2021
Edita Food Industries (EFID), one of Egypt’s largest food companies, will inaugurate a production factory in Morocco by end of this year, a top official of the company told Almal News. Hani Barzi, Chairman of the company told the media that the factory was planned for last year but the pandemic and the lockdown […]
From power importer, Lesotho plans to become renewables exporter
Lesotho will launch an energy investment and diplomacy drive at the Africa Oil & Power 2019 conference in Cape Town scheduled October 9-11. “Through the Africa Oil & Power conference, the Ministry of Energy aims to significantly raise the profile of Lesotho in the international and pan-African energy dialogue, to promote Lesotho’s petroleum and […]



