Moroccan Electricity and Drinking Water Office (ONEE) invested last year more than $791 million, including $390 million injected in electricity projects and $401 million spent on water programs. These figures have been unveiled by ONEE Director General Abderrahim El Hafidi during a meeting of the Board of Directors of the Office, held lately under the […]
Long ruling Bouteflika has stepped down after popular protests leaving behind him an embattled economy vulnerable to international oil prices. After years of unsustainable spending, Algeria’s foreign exchange reserve shrunk to cover only four years of imports making it difficult to sustain a generous subsidy system that has bought peace at the expense of financial […]
Kenya’s main aviation union has announced a strike starting next Monday, in protest against a proposed deal with India’s Adani Airport Holdings to develop Jomo Kenyatta International Airport (JKIA). The union claims the agreement could lead to job losses and an influx of non-Kenyan workers. The Kenyan government insists the airport is not for sale […]
