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Algeria’s Sonatrach expands for 10 years gas exports to Italy’s ENEL

Algeria’s gas giant Sonatrach will continue supplying Italian natural gas distributor, ENEL Group, for additional 10 years under an agreement between the two sides signed on Wednesday. The deal cements tight cooperation between the state-run gas company and the Rome-based multinational. The partnership dates back to 1991. The new deal will end in 2028, Sonatrach […]

Climate Change: Malawi, Mozambique, South Africa secure €1 million

The Government of Flanders this year has committed 1 million euros to the Africa Climate Change Fund (ACCF) to support five projects in three African countries – Malawi, Mozambique and South Africa.   According to the African Development Bank, the project will contribute to demonstration of an innovative results-based finance model for adaptation to climate […]

Morocco’s road to development highlighted by US think-tank

Morocco, unlike many countries in which small elites cling to unwarranted privileges based on the exploitation of rent positions, has chosen the path of more broad-based prosperity, and its political stability, geographically strategic location, and robust infrastructure, have contributed to its emergence as a regional manufacturing and export base for international companies. The remarks came […]