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Renewable Energy in the MENA Region
- December 11, 2015
- Posted by: admin
- Category: Africa, Natural Resources & Energy
For years, energy has been heavily subsidized in the MENA region. As stated by the IMF, in 2011 energy subsidies represented 8.5 % of GDP and 22 % of government revenue, at a total cost of $240 billion. Moreover, “six of the world’s largest subsidizing countries are found in MENA, led by Kuwait, Iran, Saudi
Angola: Economic growth and human development walking hand in hand?
- April 30, 2015
- Posted by: Ana Paula MIRANDA
- Category: Blog Category, Natural Resources & Energy, Southern Africa
From oil and gas to diamonds and other minerals, Angola is extremely rich in natural resources and its economy is deeply influenced by them. Proof of this is that 42.39% of the country’s GDP (Gross Domestic Product) in 2013 was due to Oil and Diamonds alone. On the other hand, Angola is listed as a