Tunisia riots

EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt

The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a funding vehicle established by Hassan Allam Utilities that operates in Egypt and is running a project known as 1.1 GW Gulf of Suez wind farm. The investment is set to […]

Kenya: UK invests $66 million in Malindi’s 52 MW solar project

In Kenya, Commonwealth Development Corporation (CDC Group) has pledged to invest about $67 million in the Malindi solar project. The project with an expected capacity of 52 MWp is developed by Malindi Solar Group, an ad hoc company created by an independent power producer [IPP] in the East Africa nation. Earlier this year Jeremy Hunt, […]

Attacking Morocco will not restore European Parliament’s credibility

The European Parliament has exposed itself as a corrupt institution full of hypocrites’ intent on outsourcing the blame to clean themselves even at the cost of undermining what used to be a privileged partnership with Morocco. The anti-Morocco resolution- adopted last month and wrongly sugarcoated in press freedom and human rights concerns- is but the […]