A recently released report by the Global Wind Energy Council (GWEC) ranks Morocco among the top 5 countries likely to emerge as global hubs for floating offshore wind energy, a technology that is set to see unprecedented growth in the coming years. Morocco’s thriving offshore wind energy market has put the North African kingdom in […]
Burkina Faso’s military-led government has completed the nationalization of five gold mining assets, marking a significant pivot in its economic strategy aimed at asserting greater control over the country’s mineral wealth, international media reported. The move, finalized through a government decree earlier this month, transfers ownership of two producing gold mines and three exploration permits […]
Egypt’s external debt reached a record $168.1 billion in 2023, a 2.9% rise from the previous year and the highest level since 2012, according to the World Bank’s International Debt Report (IDR) released on December 3. However, the Central Bank of Egypt (CBE) reported a 5% quarterly decline, with external debt falling to $152.88 billion […]
