Morocco’s King to Attend AU Summit

King Mohammed VI headed Friday to Ethiopia where he is expected to take part in the 28th summit meeting of the African Union scheduled in Addis Ababa this January 30-31. The visit to Ethiopia is part of the actions undertaken by the King since Morocco decided to return to the African fold last summer. Morocco’s […]

BIDC approves financing of a new rural electrification project in Benin

The government of Benin plans to electrify about 100 rural communities after securing $28 million loan from the ECOWAS investment and development bank (BIDC). The communities involved in the project will be connected to the national electricity grid through the establishment of high voltage transmission and distribution lines, the government said. The operation will cover […]

Libya’s Central Bank announces provision of over $3 billion to resolve liquidity crisis

The Central Bank of Libya (CBL) has unveiled a significant initiative aimed at bolstering the country’s banking sector by allocating 15 billion dinars (over 3 billion USD) to all operational banks in the coming months. This distribution is set to be implemented across all bank branches throughout Libya. This announcement followed a crucial meeting held […]