electric-car

Egypt calls back banned investors

In a move to bring Egypt’s growth back to its pre-revolution era, Investment minister Yehya Hamed declared that he was ready to negotiate with businessmen close to Mubarak who fled Egypt during and after the revolution. The goal is to bring the economy to a 7% annual growth rate, allowing the country to breathe. According […]

Renewable Energy: Ex-French energy minister plans $3 Bln fund for africa

Jean Louis Borloo, France’s former energy minister hopes to raise $3 billion from Western donors by next year to help cash-strapped African nations fund renewable energy projects, in a bid to tackle pollution and spur development. According to Jean Louis Borloo, his project to bring energy to 600 million Africans already had commitments from Western […]

Morocco to acquire US military vehicles worth $240 mln

The US State Department cleared the sale to Morocco of 25 of BAE Systems’ M88 recovery vehicles for a total cost of $239.4 million. Under the same deal, Morocco will receive 50 caliber machine guns, M239 or M250 smoke grenade launchers, 1,800 M76 or L8A1/A3 smoke grenade rounds, 25 SINCGARS radios, AN/PSN-13A GPS receivers (DAGR), […]