Despite possessing nine million hectares of forest resources, Morocco finds itself trapped in an economic paradox. The nation imports nearly 70% of its timber needs while its forests face unsustainable exploitation, creating urgent challenges at the intersection of environmental protection and industrial development. National production of construction and industrial timber reaches 680,000 cubic meters annually, […]
Sub-Saharan Africa offers opportunity for a $193-billion investment in renewable energy sector by 2031, including utility-scale wind, solar, storage and transmission projects, which may yield an internal rate of return of 15% to 21%, much higher than with similar projects in Europe and the United States, according to a new study. “Africa represents a significantly […]
The Head of the Presidential Council, Mohammed Menfi, has constituted a specialised advisory Committee to assess Libya’s worsening economic landscape and recommend corrective measures. The newly formed body, chaired by Hossam Al-Shahibi and comprising seven economic and financial experts, has been mandated to deliver a comprehensive technical report evaluating the country’s macroeconomic performance and institutional […]
