Staffan-De-Mistura-Tindouf-child-soldier

Finland’s Wärtsilä to Install Power Plant in Morocco

The technology group Wärtsilä of Finland will supply a 22 MW baseload power plant to Morocco’s state utility (ONEE) under an engineering, procurement and construction (EPC) contract. The main evaluation criterion for the project was the levelized cost of energy (LCOE) during an operating period of 20 years. LCOE measures the operating period costs divided […]

Morocco, IMF negotiate new liquidity line

Morocco and the IMF are in the early stages of negotiating a flexible liquidity line as a precaution against external shocks, including imported inflation. The news was unveiled by central bank governor Abdellatif Jouahri earlier this week and confirmed later by IMF representative to Morocco Roberto Cardarelli, who said Morocco was seeking a flexible credit […]

Sudan faces imminent famine as war rages

Nearly 750,000 people are on the brink of starvation in war-torn Sudan, where the conflict between rival army factions aggravates the humanitarian situation, the global authority on famine said. The war left nearly half Sudan’s 48 million population suffering from hunger in areas including the capital Khartum, according to the latest figures from the Integrated […]