ECCAS’s envoy in Gabon to defuse crisis

Gabon’s new leader Gen. Brice Oligui Nguema received Tuesday September 5 Central Africa Republic (CAR) President and envoy of the Economic Community of Central African States (ECCAS) Faustin Archange Touadéra, in a bid to defuse the political crisis in the central African country, after a junta deposed incumbent leader Ali Omar Bongo Ondimba. Touadera told […]

Automotive equipment: EBRD Grants Novares Morocco a €16.5 million Loan

The European Bank for Reconstruction and Development (EBRD) has granted Novares Morocco, the Moroccan subsidiary of the French automotive supplier Novares Group, a €16.5 million loan. The amount will be used to finance the Novares project in Morocco, supplying the plants of Peugeot PSA in Kenitra and of Renault in Tangiers. The funds will also […]

From power importer, Lesotho plans to become renewables exporter

Lesotho will launch an energy investment and diplomacy drive at the Africa Oil & Power 2019 conference in Cape Town scheduled October 9-11.   “Through the Africa Oil & Power conference, the Ministry of Energy aims to significantly raise the profile of Lesotho in the international and pan-African energy dialogue, to promote Lesotho’s petroleum and […]