A consortium led by the Saudi-listed water desalination company ACWA Power has signed a usufruct agreement to invest $1.5 billion in a 1.1 MW wind project in Egypt, a statement by the Egyptian cabinet announced Thursday. The agreement was signed between Egypt’s New and Renewable Energy Development and Utilization Authority and the consortium including the […]
Nominal Prime Minister Youssef Chahed Friday won endorsement vote from the parliament as lawmakers in great number voted in favour of his unity government expected to address economic challenges faced by the North Africa Post. Out of the 217 parliament s members, 167 approved Chahed’s unity cabinet made of Islamists, leftists, unionists and independents. Tunisia, […]
Moroccan Minister of Economy and Finance Mohamed Benchaâboun highlighted the priorities of Morocco’s economic recovery plan at a virtual conference held Wednesday as part of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank (WB). To help its economy recover from the covid-19 crisis, Morocco adopted a stimulus plan focused on […]
