LNG shipment

Morocco: IMF welcomes “targeted measures” seeking to mitigate impact of soaring energy prices

The International Monetary Fund (IMF) on Wednesday hailed the “targeted measures” adopted by Morocco to mitigate the impact of soaring energy prices on economy. “The Moroccan government is today undertaking a set of targeted measures, including support for the transport sector of people and goods to relieve the rise in energy prices on production,” underlined […]

Tunisia to build Five Solar Plants

The Tunisian government has launched international tenders for the building of five new plants using photovoltaic technology, part of the country’s decision to develop renewable energies. These projects will be developed under the Build Own Operate (BOO) model. They include 200 MW solar plant in the province of Tatouine, two 100 MW PV facilities in […]

World Bank downgrades Algeria to lower middle-income status

The World Bank, the second largest international economic institution with the International Monetary Fund (IMF), has officially downgraded Algeria to lower middle-income status, a category of countries where income is considered “lower middle”. This new World Bank ranking is very bad news for Algeria, which is beginning to worry the international community because of its […]