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Egypt Gets $ 200 Million EBRD Loan for Power Plant Project
The European Bank for Reconstruction and Development (EBRD) has approved a US$ 200 million loan for the construction of a new 1.8 GW combined cycle gas-fired power plant in Damanhour, north west of Cairo. This loan will contribute to funding the US$ 1.3 billion total project cost, which is also being supported by the European […]
Italy: Moroccan Researcher Djalila Ben Bouchta Gets Eni Award 2020
Moroccan researcher Djalila Ben Bouchta has received in Rome the “ENI Award 2020” which seeks to promote better use of energy sources and encourages innovation. Ms. Ben Bouchta was handed the prize dedicated to “Young talents from Africa” during a ceremony chaired Thursday by Italian President Sergio Mattarella in presence of Moroccan ambassador Youssef Balla […]
Sahel bloc accelerates plans for regional bank
Finance and economy ministers from the Alliance of Sahel States (AES) have agreed to fast-track the launch of a new regional financial institution aimed at bolstering economic sovereignty and reducing dependence on external donors, following their exit from regional bloc Ecowas. In a recent meeting in Niamey, officials from Burkina Faso, Mali, and Niger reached […]



