Libya
Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
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Saudi Arabian renewable energy utility ACWA Power International reported a storage breakdown at one of the solar plants it operates in Morocco that will cost the company an estimated $47 million.
The 150-megawatt plant, part of the Noor Ouarzazate solar complex, the company said it will repair the storage issue and was also mulling building a new storage tank.
Morocco aims for renewables to represent 52% of installed capacity by 2030 from 37.6% now, mostly through investments in solar and wind plants.
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Libya
Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Morocco
Morocco’s economy slowed in late 2024 to 3.7%
According to the High Commission for Planning (HCP), Morocco’s economy expanded by 3.7% in the last quarter of
Egypt
Egypt’s GDP for FY Q2 hits 4.3%
Egypt’s GDP growth rate continued to recover during Q2 FY 2024/2025, recording 4.3%, up from 2.3%
Tunisia
Brazilian cement giant Votorantim Cimentos divests its Tunisian interests to China’s Sinoma
Brazil’s Votorantim Cimentos has divested its assets located in Tunisia to Chinese based Sinoma Cement. Votorantim Cimentos said it