Algeria freedom of the press

Renewable energy: Italy, Tunisia revive plans for 600 MW project

Italy and Tunisia are reviving plans for power interconnection between the two countries. The project has been under development by Italian transmission company Terna and Tunisian gas and electricity group STEG since 2003. The project was originally conceived to export power generated in Tunisia to Italy but is now based on an electricity exchange in […]

Morocco’s BCP acquires 100% of capital of Brazzaville-based BCI

Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]

Morocco to Create 1.2 million jobs by 2022

The Moroccan government said that it plans to create 1.2 million jobs in the next upcoming four years as the unemployment rate hits 10.2%. Head of the government, Saad Eddine El Othmani, said that by the end of his cabinet term, 1.2 million jobs will have been created. He said the inactive population who are […]