president of Union of Mayors of Essonne Francisque-Vigouroux

Algeria: Dinar falls to historic record low

Algeria is trying to balance its finances as its economy continues to struggle due to the low global oil and gas prices that are affecting countries heavily dependent on such revenues. A source close to the North African country’s Central Bank hinted that the authorities at the bank let the Algerian dinar to depreciate against […]

World Bank helps Gabon finance digital transformation project with $68.5m loan

Gabon has secured a credit facility of $68.5 million to finance “Projet Digital Gabon”, a digital transformation project aiming at creating an environment conducive to accelerating digital transformation. The deal was signed late December by Mays Mouissi, Gabon’s Minister of Economy, and the World Bank Country Director for the Central African country, Cheick Fantamady Kanté, […]

IEA reaffirms Morocco’s renewable energy leadership

Morocco offers a model to follow in the region thanks to its sustainable policies to bolster energy transition and investments in renewable energies, the International Energy Agency said in a recent report. “Important lessons can also be drawn from Morocco, which alone accounted for three-quarters of the region’s renewable electricity production growth,” said the agency […]