Jamie Dimon reveals plans for JP Morgan Chase to expand in Africa
JPMorgan Chase, the largest U.S. bank, is expanding its presence in Africa, with plans to enter Kenya and Ivory
Algeria has launched a project to build three solar power plants in the Northern region along its border with Morocco. The project is part of a scheme to gradually switch to renewable energy. The OPEC oil producer has started the construction of a 20 MW solar station in Bechar province; this is the first of the planned power plants, according to a report published by the Algerian Elkhabar newspaper. The other two have a production capacity of 80 MW and 120 MW and both have been approved by the government. In early 2024, the country announced plans to build 15 solar power plants with a combined capacity of 2 GW within a renewable energy strategy until 2035.
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.