AfDB grants $30 million facility to Mauritania’s GBM
The African Development Bank Group has approved a $30 million trade finance facility for the Générale de Banque de Mauritanie
Libya’s Ministry of Electricity in the east-based parallel government has signed a memorandum of understanding with the American company Starz Energies to establish a factory to produce batteries and energy storage systems.
In a Facebook statement, the ministry explained that the memorandum aims to create a comprehensive factory dedicated to producing batteries and energy storage systems, indicating that the initiative is part of ongoing efforts to enhance sustainability and increase reliance on renewable energy sources in the country.
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.