african-capacity

UK’s XLCC sets up subsea cable factory for Morocco project

The UK’s XLCC is planning the setting up of a factory in Hunterston, Scotland, to manufacture the world’s largest subsea cable that will send clean energy from Morocco to the UK. Connecting the solar and wind plants in Morocco with Alverdiscott, North Devon, will start with a first phase in 2025-2027, Electric.co reported. The connection […]

KSA-Iran: Riyadh cuts ties with Teheran

Saudi Foreign Minister Adel Al-Jubeir Sunday announced the suspension of diplomatic ties between the two gulf regional rivals following the attack on the Saudi diplomatic mission in Teheran over the execution of Shiite cleric in Saudi Arabia. The Saudi top diplomat told reporters at a news conference that all Iranian diplomats have been asked to […]

Algeria: IMF draws grim picture of economy

The International Monetary Fund (IMF) has painted a grim picture of the Algerian economy which has been weakened by the macroeconomic imbalances exacerbated by the Covid-19 pandemic and needs urgent structural reforms to maintain stability. “The coronavirus pandemic and concomitant decline in oil production and prices have seriously impacted the economy last year, leading to […]