renewable energies

DRC, Uganda in talks over use of crude oil pipeline

Talks are ongoing between the Democratic Republic of Congo (DRC) and Uganda about possible use of the east African country’s planned controversial pipeline for transporting Uganda’s crude to foreign markets when it begins production in 2025. Uganda is developing the $3.5 billion 1,445-kilometer East African Crude Oil Pipeline (EACOP) that will start from oil fields […]

Morocco’s Central bank expects fewer wheat yield in 2019

Due to insufficient rainfall, Morocco’s cereals yield would stand at 60 million quintals, less than the average 80 million quintals, central bank governor Abdellati Jouahri said. Last year, Morocco had a good cereals output of 103 million quintals following abundant rainfall, which reduced the country’s wheat import bill. Rainfall was 15.1% less compared to last […]

Sonatrach financial hurdles, Algeria’s economic agony

Economists have long warned the Algerian regime of an impending Venezuelan scenario as the country put off reforms leaving the economy dependent since independence on oil and gas sales of its state-owned company Sonatrach. The company, which aspired to be among the top 5 global oil and gas companies globally in 2030, hit the cliff […]