The prices of bananas are set to surge in Algeria after the latter boycotted imports of the fruit from its main supplier Ecuador, which has withdrawn recognition of the Polisario entity and backed Morocco’s autonomy plan for the Sahara. Ecuador has made the position last month, following the example of Panama, showing strong support for […]
A consortium led by Saudi’s company ACWA Power International has won a $1 billion contract to build a 160-megawatt solar plant in Southern Morocco. The plant, to be built near city of Ouarzazate, is the first phase of a 500-megawatt ambitious project, first of its kind in Northern Africa. The Saudi-led consortium includes Spanish firm […]
Italian oil major, ENI has announced a gas and condensate discovery in CTP-Block 4, offshore Ghana. According to a statement from ENI’s External Communication Department of Sub-Saharan Africa, the exploration well was drilled by the Maersk Voyager drill ship in a depth of 350m and reached a total depth of 3,790m. The well, drilled on […]
