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French Senators impressed by socio-economic development in Morocco’s southern provinces

A delegation of French senators, currently visiting Morocco, shared their admiration for the development process in the Southern Provinces and the scale of ongoing projects, especially in the city of Dakhla. “We are impressed by the significance of the projects we have seen up close, as well as those presented to us in Dakhla,” said […]

Egypt wooing six Saudi companies to invest in renewable energy

Egyptian Ministry of Electricity is in talks with six Saudi companies to implement renewable energy and green hydrogen generation projects. Egyptian Minister of Electricity Mohamed shaker is currently in Saudi Arabia for talks with six Saudi firms including ACWA Power, Alfanar, and Fas Holding. The official will be also meeting with Saudi financing entities to […]

Africa’s downstream oil industry attracts $30bn investment

The African oil industry has attracted over $30-billion investment in logistics, distribution, storage terminals, import facilities and retail marketing in recent years. The information was disclosed during the fourteenth annual conference of the African Refiners and Distributors Association (ARA), held in Cape Town over the weekend. According to reports from the ARA conference, new prospecting, […]