Algeria’s African Business Forum Turns into Fiasco

The big PR African business & investment forum which Algerian authorities organized lately in a bid to improve the country’s image that is losing luster in the continent has turned into a fiasco. From the outset, the shaking start of the event was marred by protocol errors showing lack of experience, irking Algerian officials who […]

Libya is my Biggest Mistake, President Obama

The role played, or rather not played, by NATO coalition forces in Libya in the aftermath of the 2011 toppling of Libyan strongman Muammar Gaddafi has been termed by US President Barack Obama as his biggest mistake during his presidential tenure because of the failure to plan for the post-Gadhafi era. “Probably failing to plan […]

Energy: Financial boost for 44-MW dam in Côte d’Ivoire

The Africa Finance Corporation (AFC) has approved a bridge loan facility of $170 million for the construction of the 44 MW Singrobo-Ahouaty hydropower projects in Côte d’Ivoire. The deal was concluded in mid-December, when a first disbursement was made for the project, in which the AFC has also invested equity. “As our first equity investment […]