CEMAC raises €3.8 billion in Paris for infrastructure development

The Economic and Monetary Community of Central African Countries raised €3.8 billion at a two-day round table in Paris. The Funds are destined to finance the bloc’s Regional Economic Program meant to boost growth by 2025. The program comprises 84 projects, including 11 presented as priority integrating projects. The total cost of these projects has […]

Rwanda defeats Algeria in vote to host African Medicines Agency

Algeria has been reduced to its real diplomatic size on the African continent as members of the African Union voted for Rwanda as the host of the African Medicines Agency. A new setback that adds to a series of blows for the diplomacy of the ailing military regime. Algeria has sent a delegation led by […]

Morocco’s Somagec to develop power link between Angola, DRC

Moroccan company Somagec has signed a preliminary deal to build a power link between Angola and the Democratic Republic of Congo (DRC), for $1.3 billion. The project will bolster the integration of the region’s energy market, in an area where access to electricity is still low. The high-voltage transmission lines will also enable Angola to […]