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Rabat & Addis Ababa Want to Speed up Access to Sustainable Energy

Morocco and Ethiopia are looking into ways of speeding up the implementation of the “Coalition for Access to Sustainable Energy”, an initiative launched by the two African countries during the Climate Action summit convened last year in New York. The initiative, which aims to ensure full access to energy for the least developed and other […]

Egypt to increase green investment to 30 per cent in current budget

The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance said. Mohamed Maait also indicated that Egypt is planning to raise green investments under the FY 2024/2025 budget to 50%, Arab Finance reports. Egypt has embarked on the development of […]

Tunisia : Algeria becomes Tunisia’s ‘big brother’

Tunisia’s financial and economic woes have reached worrying stages forcing the government to curb its expenses. The state will be reducing the salaries of its employees. Algeria will be buffing up the coffers of the Tunisian Central bank foreign currency reserves, offer loans and grants that it will help to cover the expenses of the […]