Tunisia’s President Beji Caid Essebsi Monday brought support to protests in Algeria against the candidacy of President Abdelaziz Bouteflika for a fifth mandate. Thousands of Algerians have been demonstrating across various provinces and in some European capitals against the candidacy of 82-year old Bouteflika for a fifth term in office. Demonstrations took place during previous […]
The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]
Oil production for OMV, Austrian oil and gas group, has recovered in Libya adequately to reach its 2014 output target of 320,000 to 340,000 barrels of oil per day if it continues at current levels, according to OMV’s chief executive Gerhard Roiss. Libya has proved to be a difficult place for business especially for companies […]
