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Morocco Gets $265 Mln WB Funding for Clean Energy Project Designed to Produce Reliable & Affordable Electricity
The World Bank has approved $265 million to support construction of a new pumped hydropower storage plant in northern Morocco. This clean energy project, one of the landmark infrastructures in Africa, will provide affordable electricity, improve the resilience of the national grid and create jobs. The Ifahsa Pumped Hydropower Storage Project is designed to strengthen […]
Libya: Turkey will “teach a lesson” to Khalifa Haftar – Erdogan
Turkish President Tayyip Erdogan on Tuesday said his country will not refrain from “teaching a lesson” to Khalifa Haftar if his eastern Libyan forces continue attacks against the internationally recognized government in Tripoli. Turkey and Russia failed to convince Haftar on Monday to sign a binding truce to halt his nine-month campaign to try to […]
Nigeria caps weekly cash withdrawals, Moody’s warns of ‘very high’ foreign currency risks
Nigeria’s central bank has imposed restrictions on weekly cash withdrawals to limit the use of cash as credit agency Moody’s warned that the country’s banks face tough challenges over a dollar shortage. Foreign currency risk is “very high” for Nigeria’s banking system, according to a report by Moody’s. Nigeria is one of seven countries worldwide […]



