D-8 meeting: Nigeria, Egypt and other developing nations seek to deal with currency, energy and food crises

More cooperation was needed among developing nations to overcome dwindling foreign currency reserves, a growing energy crisis and supply chain disruptions, according to business leaders and officials from eight developing nations meeting in Bangladesh. Representatives from Egypt, Nigeria, Turkey, Iran, Malaysia, Pakistan and Bangladesh under the banner of D-8, or developing eight countries, were discussing […]

Mega hydropower project in Central Africa aims to transform continental energy supply

The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]

Africa Union: Rabat pushes for AU PSC reform, advocates primacy of UNSC in conflicts resolution

Morocco is pressing for the reform of the Peace and Security Council (PSC) of the African Union (AU) and advocates the primacy of the UN Security Council in conflicts resolution for the sake of global peace and security. Addressing the first meeting of the new PSC held Friday in Addis Ababa, Morocco’s Permanent Representative to […]