Morocco-renewable energies

Somalia, Turkey leaders reaffirm strategic partnership, bolstering Ankara’s foothold in Horn of Africa

Somali president Hassan Sheikh Mohamud and his Turkish counterpart Recep Tayyip Erdoğan met in Ankara this week to reaffirm their countries’ strategic partnership, focusing on enhanced security cooperation and deepening economic ties. The leaders discussed a range of initiatives aimed at bolstering infrastructure, trade, and humanitarian aid, emphasizing Turkey’s role as a critical partner in […]

Algeria: Sonatrach reveals $90 billion investment, Shale gas production set for 2022

Chief Executive Officer of state-owned Sonatrach, Said Sahnoun, asserted that their five-year investment plan will go ahead despite plummeting oil prices. Addressing the ninth North Africa Oil & Gas Summit held in Algiers, he also said that the exploitation of shale oil for production is scheduled for 2022. Analysts believe that the global slumping of […]

Egypt’s government to sell 60% of bond

The government is preparing to sell almost 60% of its bond in the next quarter. The decision is a U-turn on its strategy to cut long-term debt sales by 49% in expectations of the delayed IMF loan. The Finance Ministry will seek to sell 26billion pounds ($4.2 billion) in bonds maturing in 3years to 10years, […]