Foreign troops in Libya

Algeria’s Steel Giant to Be De-Facto Nationalized

The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. As the state already owns 30% of the firm, such a transaction would make the Algerian government a de facto majority shareholder and owner of ArcelorMittal. The government reportedly wants […]

Kenya to go all out for renewable energy

Kenya authorities plan to invest more in solar energy as results from the Garissa solar power plant in eastern Kenya helps to stabilize electricity prices in the Eastern African nation. According to Simon Gicharu, Chairman of the Board of Directors of the rural electrification and renewable energy company (Rerec), the Kenyan government will not rest […]

Mauritanian PM on a visit to Morocco

Mauritanian Prime Minister Mohamed Ould Bilal started Thursday a working visit to Morocco, during which he will co-chair with the Head of Government, Aziz Akhannouch, the eighth session of the Moroccan-Mauritanian High Joint Commission. The eighth session of the Moroccan-Mauritanian High Joint Commission, to be held Friday, will open new prospects for the consolidation of […]