Africa gets 85% of Morocco’s Foreign Direct Investments, AfDB

The African Development Bank (AfDB) commended Morocco’s commitment to economic development in Africa, saying that the Kingdom gears 85% of its foreign direct investments to the continent. In a statement issued following the visit of the AfDB President Akinwumi Adesina to Morocco last week, the Bank described the Kingdom as “one of AfDB’s best performing […]

Zimbabwe needs $14 million for monthly electricity imports

Zimbabwe’s state-owned power utility, ZESA Holdings, needs $14 million for monthly electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday. Zimbabwe is experiencing its worst power crisis in a decade, with households and industries being cut off for up to 16 hours daily. The power crisis has added […]

Algeria: Trial of Karim Tabbou, a Hirak figure, begins

The trial of Karim Tabbou, a key figure in the Hirak anti-government protest movement, opened on Monday, after several postponements.   The chairman of the small, unregistered opposition party the Democratic Social Union (UDS), appeared free before the Kolea court. He is accused of undermining the morale of the army.   Journalists were initially barred […]