The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]
The Spanish national police announced on Monday the arrest of two Algerian nationals in Mallorca (Balearic Islands), accused of transporting illegal migrants to the Spanish coast. The arrested persons, aged 19 and 27, are suspected of having transported, last Wednesday (October 5), 15 people, including minors, from the Algerian coasts to Spain in inhuman conditions, […]
Banknbox, a financial technology (fintech) firm based in the Egyptian capital of Cairo, announced the opening of its $10 million regional headquarters in Egypt to provide an integrated platform of banking solutions, electronic payments, smart transportation tech, and digital government payment solutions, among others. Banknbox CEO and Managing Director Basem Mahmoud said the company chose […]
