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Algeria’s long-ruling FLN wins unpopular legislative elections

Algeria’s FLN, which has offered the military regime a civilian curtain since independence, has won parliamentary elections which were largely boycotted. With a turnout at 23%, the FLN won 105 seats which is still far from the 204 needed to secure a majority. Islamist MSP won 64 and another coalition party the RND received 57 […]

Qatar Petroleum Acquires 30% Interests from Chevron Morocco

Qatar Petroleum has taken 30% participating interest from the share of Chevron Morocco Exploration Ltd in three deep-water offshore leases located 200 km to the North West of Agadir’s coast. This acquisition came following a deal signed last February and approved by the Moroccan government, said Telquel magazine. Under the agreement, Qatar Petroleum will acquire […]

Africa’s first hydrogen power plant in Namibia to produce electricity by 2024

The green hydrogen power plant in Namibia — the first in Africa — will start producing clean electricity power, 24 hours a day all-year round, by 2024. French independent power producer HDF Energy expects that, once operational, its Swakopmund green hydrogen power plant, built to the tune of $181mil., will boost electricity supply in the […]