mohamed-bin-salman

Solar Energy: WB Lends Morocco additional $125 Mln for Noor-Midelt Complex

The World Bank has granted Morocco a $125 million additional financial support to enable the North African Kingdom build the Noor-Midelt I and II plants expected to produce 600-800 megawatts. The Noor-Midelt complex will be the country’s second concentrated solar power (CSP) complex built under the Noor Solar Plan. The Solar Plan is a critical […]

Africa’s first global climate investor roadshow ahead of COP 27 held in Ethiopia

Ahead of COP27 to take place in Egypt in November 2022, the first African Regional Roundtable on Climate Initiatives took place  July 1-3 in Ethiopia’s capital, focusing on how to chart a new and sustainable economic model, accelerate financial flows to the projects needed to reduce emissions, build climate resilience, and advance the 2030 Sustainable […]

Eastern Libya’s budget push signals strategic bid for oil leverage amid political deadlock

In a bold financial maneuver, Libya’s eastern-based authorities have fast-tracked the approval of a $12.7 billion infrastructure budget—framed as a national development drive, but widely viewed by analysts as a calculated step to consolidate control over oil revenue streams. Overseen by Belgassim Haftar, son of military strongman Khalifa Haftar, the Development and Reconstruction Fund is […]