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Fixing Africa’s triple set of dilemmas: high debt, large govt spending, collapsing currencies

Governments of highly indebted African countries need to take a number of steps to alleviate the stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilizing domestic currencies. While South Africa’s elevated public debt at 74% of GDP has almost doubled over the last decade, Kenya’s debt interest payment as a […]

South Africa: a new 100 MW solar park to provide electricity to 179,000 homes

French multinational electric utility company, ENGIE has started commercial operations for a 100 MW Kathu Solar Park in South Africa. The Concentrated Solar Power (CSP), one of the largest renewable energy projects in South Africa, was completed on 30 January 2019, local media reported. The Kathu Solar Park CSP plant is equipped with a four-and-a-half-hour […]

Morocco foils illegal migration attempt in El Jadida, arrests two smugglers

Morocco’s police foiled on Monday an illegal migration operation in the Atlantic coastal city of El Jadida and arrested two smugglers of people aged respectively 38 and 39. The two smugglers were housing 35 illegal migrants, including a 15-year-old minor, in a local popular district as they were preparing their illegal migration operation from the […]