Tunisia-Moodys

Egypt Gets $87 million from OPIC to support Ras Gharib wind farm project

The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), has approved an $87 million loan to Lekela Egypt Wind Power BOO. According to local media, Lekela Egypt Wind Power BOO, a subsidiary of Lekela Power, an independent power producer (IPP) based in Amsterdam, Netherlands, will use the loan to develop the Ras […]

Algeria: ‘Elections are Useless,’ Opposition Coalition

A coalition of opposition parties Monday judged the future legislative elections in Algeria “useless” as they cannot change the dire conditions and the acute economic and social crisis gripping the country. United under the Forum for Consultation and Monitoring of the Opposition (ICSO), leaders of several political and opposition groups argued that given the current […]

Tunisia urges investors to return for democracy’s sake

Tunisia has assembled almost 30 countries, 20 international institutions and dozens of private companies at an investment conference aimed at attracting investors to the country and enabling its democratic “startup.” The country’s economy has been almost at a standstill for the past three years due to the political instability that it has been experiencing. Prime […]