bcij-morocco

Algeria : recovering faith with the new energy law

Energy Minister Youcef Yousfi announced that there will be new biddings for the exploration of oil and gas in the “coming weeks”.  The state has declared that it discovered 32 oil and gas wells last year. The ‘’In Amenas’’ gas plant attack in 2013 left more than 40 employees dead and has terrorized most of […]

From power importer, Lesotho plans to become renewables exporter

Lesotho will launch an energy investment and diplomacy drive at the Africa Oil & Power 2019 conference in Cape Town scheduled October 9-11.   “Through the Africa Oil & Power conference, the Ministry of Energy aims to significantly raise the profile of Lesotho in the international and pan-African energy dialogue, to promote Lesotho’s petroleum and […]

Central banks of Egypt, UAE ink bilateral currency swap Agreement

The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]