Libya: ’Libya not ready for democracy,’ Haftar

Presidential hopeful and head of the Libyan east-based army has told Paris-based Jeune Afrique that the North African country is not yet ready for democracy as the country marches towards elections later this year in a move to end years of instability. In an interview with the magazine, Haftar endorsed by the Tobruk-based House of […]

Morocco’s soft wheat subsidies to soar to 3.84 billion dirhams ($410 million)

Morocco’s braces for a surge in the bill of subsidies to keep bread prices stable from 1.3 billion dirhams in a normal year to 3.844 billion dirhams expected this year, Delegate Minister in charge of the budget Fouzi Lekjaa said. Speaking to reporters following the weekly government council, Lekjaa deplored the difficult conditions in the […]

French development agency injects $170 million to stabilize power supply in Nigeria

The Transmission Company of Nigeria (TCN) has officially launched a $170 million power transmission project. The project called the Abuja Feeding Scheme is financed by the French Development Agency (AFD) and provides for building five transmission substations over a 24-month period. The move will help Africa’s most populous nation to stabilize the quality of power […]