The European Investment Bank plans to lend Morocco 1 billion euros over the next three years in support of a reconstruction plan following the earthquake that struck on September 8. The loan is completely aligned with Morocco’s ambitious national recovery program according to the priorities of the national authorities, the EIB said in a statement. […]
Algerian authorities have no longer the financial resources to buy social peace, hence cracks are appearing in the oil-producing country, says Belgian daily newspaper Le Soir in an analysis on the latest riots rocking Algeria. “The opacity of the system that governs Algerians since independence in 1962 has further thickened with the illness of their […]
Sonatrach, a state owned energy group, has renewed its efforts towards increasing its production levels in oil and gas with the approval of a $100billion investment plan in the next five years. The production of shale gas before 2020 is also part of their plans. The approval of the plan came ahead of the opening […]
