IMF/WB annual meetings, a platform to display Morocco’s commitment to Africa – BAM Governor

The Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri has said that the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF) will serve as an opportunity to display Rabat’s commitment to the development of the African continent. “This meeting aims to highlight Morocco’s commitment to African countries through […]

Congo’s green gold rush: as U.S. scrambles for minerals, locals brace for fallout

The Democratic Republic of Congo (DRC) has become the latest front in the U.S.-China rivalry, as President Donald Trump intensifies efforts to secure critical minerals needed for electric vehicles and clean energy. Backed by billionaires Jeff Bezos and Bill Gates, U.S. firm KoBold Metals recently secured seven lithium exploration permits, including access to the coveted […]

Nigeria approves $1bn Chinese loan for Hydropower project

Nigeria’s Federal Executive Council (FEC) has approved $1 billion Chinese loan from Chinese EXIM Bank for the development of the Gurara II hydroelectric project in Kaduna State in the north of the country. The Gurara II hydroelectric dam will produce 360 MW. The Gurara River is already serving to generate 30 MW of electricity and […]