The World Bank has granted Morocco a $125 million additional financial support to enable the North African Kingdom build the Noor-Midelt I and II plants expected to produce 600-800 megawatts. The Noor-Midelt complex will be the country’s second concentrated solar power (CSP) complex built under the Noor Solar Plan. The Solar Plan is a critical […]
Sudan’s Central Bureau of Statistics has reported a modest easing in the country’s annual inflation rate, which stood at 142.82% in May, down slightly from the previous month. Urban inflation dipped marginally to 146.30%, while rural areas experienced a more pronounced drop to 141.84% from 163.73%. Although the national rate remains alarmingly high, the overall […]
After spending more than US$1 billion to acquire mining sites in Zimbabwe over the past two years, massive Chinese investment could help catapult Zimbabwe to become the world’s fifth biggest primary producer of the material that’s vital to battery electric vehicles and the green revolution, mining consultancy CRU said. The investments by Chinese companies, including […]
