Morocco is set to start extracting uranium from its huge phosphate deposits, enabling the country to position itself as a key player in the global Uranium industry, according to press reports. Uranium is primarily used as fuel in nuclear reactors, where its atoms are split to produce vast amounts of energy. Extracted from phosphoric acid, […]
As it heads straight to insolvency, Algeria insists on shunning foreign debt as it resorts to unconventional measures involving the Central Bank money printing to delay an impending bankruptcy in the absence of genuine reforms. After Algerian Prime Minister Ahmed Ouyahia announced a five-year plan to reduce his country’s ballooning budget deficit by borrowing directly […]
Mauritania and France, on Tuesday, November 25, have formalized a preferential loan agreement worth €39.2 million to construct ten solar power plants equipped with storage systems, marking a strategic boost to the country’s clean energy ambitions. Signed in Nouakchott by Mauritanian Economy Minister Abdallahi Souleymane Cheikh Sidiya and France’s Minister Delegate for Foreign Trade Nicolas […]
