SPA awards

President Joe Biden to host second summit with U.S. and African leaders

U.S. President Joe Biden plans to host a summit with African leaders to strengthen U.S. ties with the continent, U.S. Secretary of State Antony Blinken announced. “President Biden intends to host a summit with U.S. and African leaders to pursue a high-level diplomatic policy … that will transform relations and make effective cooperation possible,” the […]

King Mohammed VI Launches Final Stage of World’s Largest Solar Plant

Morocco has bolstered its leadership in renewable energies with the inauguration of the fourth and final stage of the Noor Solar plant complex in Ouarzazate with a 582 MW total capacity. King Mohammed VI launched works to achieve the fourth phase, which uses photovoltaic (PV) technology to produce electricity. The site will have a capacity […]

Algeria’s FX Reserves Tumble 50 pc in Q1 2015 Raising Social Concerns

Algeria’s foreign exchange reserves plummeted by half in the first quarter of 2015 due to the fall in global crude oil prices, the country’s central bank said. The forex reserves went down by $ 19.02 billion to $159.9 billion in the first quarter of 2015, Algerian central bank added, noting that the sales of hydrocarbons […]