electricity connection between Spain & Morocco

Burkina Faso, AfDB ink financing agreements of six projects

Burkina Faso and the African Development Bank (AfDB) signed Monday 10 agreements for financing six projects in the West African country to the tune of $184 million. Aboubakar Nacanabo, the country’s finance and economy minister indicated that the first conventions will provide funds for Water and Sanitation Services Improvement for Resilience Building Project (PASEPA-2R), project […]

Egypt: industries uncomfortable with private sector importation

Bidding announced by the Egyptian Natural Gas Holding Company (EGAS) to sanction the importation of Liquefied Natural Gas (LNG) by the private sector for first time in Egypt has expired although some major oil and gas companies withdrew. Companies such as British Petroleum, Royal Dutch Shell, the Kuwaiti Kharafi Group and Taqa Arabia, a subsidiary […]

Phosphates: Moroccan OCP Group to Set Up Fertilizer Company in Rwanda

OCP Africa, a subsidiary of the Moroccan State-owned Phosphate OCP group, will set up a $ 6.3 million joint venture dubbed “Rwanda Fertilizer Company”, according to Maghreb Intelligence magazine. The OCP will have a 57.4 pc majority stakes in the company, while Agro Processing Trust Corporation Ltd (APTC) will hold 30 pc and the State […]