Norwegian company wins $2Mln deal to power 4 poultry plants in Morocco with solar energy

Norwegian company “Empower New Energy” has won a $2 million contract to equip four poultry plants of Zalar Holding with solar photovoltaic panels for the production of electricity. The project is developed in partnership with the experienced Moroccan renewable energy company – JET Energy. It is expected to generate 3800 MWh per year. This will […]

Mauritania: 7 militants of anti-slavery outlawed organization arrested

The outlawed Initiative for the Resurgence of the Abolitionist movement in Mauritania (IRA) indicated security forces arrested 7 of its militants following a protest demanding the release of leaders of the organization locked up for two years in prison. The organization has condemned what it calls violation and breach by authorities of the right to […]

Reconstruction of Egypt’s economy

Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was formed for this purpose. Although no time limit has been precisely set, according to him this tax will mainly be on gains acquired on Initial Public Offerings (IPOs) and also […]