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Muslim brotherhood pledges to continue protests in Egypt

Unrest in Egypt continues to dominate many world medias as the Muslim brotherhood party, which is against the arrest of their leaders and ousted democratically elected president Mohammed Morsi, says through its official websites that it will continue to hold ‘peaceful’ protest until Morsi is reinstated to power and key members let off the hook. […]

EBRD Supports Moroccan Small Businesses With €9.7 Mln Loan

The European Bank for Reconstruction & Development has approved a €9.7 Million loan to Fondation Albaraka, one of the largest microfinance institutions in Morocco for on-lending to local micro enterprises. Access to finance through banks remains extremely limited for micro, small and medium-sized enterprises (MSMEs) in Morocco. The EBRD funds will offer much-needed support for […]

ENI begins construction of photovoltaic plant in Tunisia

The Italian energy giant ENI has started the construction in Tunisia of a 5 MW facility at the ADAM oil concession in which it has a 25% stake. The project aims to establish a state-of-the-art hybrid power generation system with battery storage devices, to enable efficient integration with existing turbines. The project, being developed with […]