Algeria strikes

Swedish Azelio deploys its advanced energy storage system at Ouarzazate solar complex

Swedish Azelio company has launched lately its renewable energy storage system at the Noor Ouarzazate solar complex (southern Morocco) within the frame of a technical and business development agreement sealed with Moroccan Agency for Sustainable Energy (Masen). A verification of the storage system will be initiated during the first quarter of 2020, with commercial installations […]

Morocco’s CFG Bank seeks Casablanca listing

CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]

Libya: GNA accuses France of supporting Haftar; orders end to bilateral security cooperation

The interior minister of the Libyan UN-backed Government of National Accord (GNA) has accused France of backing renegade eastern warlord Khalifa Haftar, whose forces have launched an offensive to control Tripoli, and called for an end to security cooperation with the European Country. Fathi Bashagha Thursday asked his department to halt all forms of cooperation […]