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Africa’s ultra-wealthy population to grow by 65% in next decade but thousands flee their home — report
Africa has seen a rise in its number of billionaires and its millionaire population is set to rise by 65% over the next 10 years, but at the same time, about 18,700 high-net-worth individuals have left the continent between 2013 and 2023, the 2024 Africa Wealth Report reveals. Published by Henley & Partners, an international […]
Algeria misses out on global gas price surge due to long‑term contracts
Algeria is not benefiting from the sharp rise in international gas prices triggered by the conflict in the Gulf, as the country continues to sell most of its natural gas under long‑term supply contracts rather than on the spot market. While spot LNG benchmarks in Asia and Europe have soared to crisis levels, Algeria’s gas […]
Morocco’s Masen picks six consortiums in pre-qualifications to build 400 MW solar plant
Morocco’s agency for sustainable energy unveiled a list of six consortiums pre-qualified to build the second phase of Midlet solar plant for a total capacity of 400 megawatts. Morocco’s Nareva, an offshoot of Al Mada investment fund, is in the same consortium led by Belgium’s International Power in the project known as Noor Midelt II. […]



