Ned Price spoke favorably about Moroccan-Israeli relations, Moroccan territorial integrity

“We welcome the new steps Morocco is taking to improve relations with Israel. The Morocco-Israel relationship will have long-term benefits for both countries.” … “We will continue to support the UN processus to implement a just and lasting solution to this long standing dispute in Morocco. We also support the MINURSO to monitor the ceasefire […]

Burkina Faso: AfDB allocates €48.82 million for a power plant

The African Development Bank (AfDB) has just allocated €48.82 million to Burkina Faso for the construction of a solar plant. The funding was allocated in the form of a loan to build a 52 MW power plant as part of the bank’s “Desert to Power 2020-2024” initiative. Upon completion, the plant will provide energy to […]

Resilience through tough times: East Africa’s economic recovery hindered by debt and deficits

The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current deficits and limited economic diversification plans, according to the latest forecast by the African Development Bank (AfDB). The AfDB forecasts the region’s GDP at 4% this year, before recovering to […]