The African Development Bank Group (AfDB) last weekend approved the recommendations of the Independent Review Mechanism (IRM) to bring a coal-fired power plant project in Senegal into compliance with Bank policies and procedures. The Sendou Coal Power Plant project in the West African nation was approved by the Boards of Director of the bank on […]
Australia-based Invictus Energy plans to start drilling its first exploration well for oil and gas in Cabora Bassa location in the northern part of Zimbabwe by early September. The first well, Mukuyu-1, will be 3.5 km deep at a cost of $16m, said Paul Chimbodza, chairman of the Australian company’s local subsidiary Geo Associates on […]
In 2024, Morocco became Spain’s second supplier outside the EU, with an increasing volume to 13 billion euros. Moroccan goods made up 2.3% of total Spanish imports, as the kingdom strengthened its position as Spain’s main African trade partner. This positioned Morocco as Spain’s main African supplier with 28% of all goods purchased from the […]
