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The scandalous statements of Mohamed Abbadi, Secretary General of the banned Al Adl wal Ihssan movement on an “Islamic state” referring to the ideology of the terrorist ISIS group have triggered a strong wave of indignation. The controversy grew after a video was circulated showing Abbadi calling for the establishment of “a caliphate” and threatening […]
Kenya’s electricity firm secures Geothermal Deal in Ethiopia
Kenya Electricity Generating Company (KenGen) has signed an agreement to provide geothermal drilling services to state-run Ethiopian Electric Power (EEP). According to EEP CEO, Dr. Abraham Belay, Ethiopia had tried to venture into geothermal development as far back as 1981 but was yet to make a commercial breakthrough. The country has some geothermal drilling rigs […]
Libyan & Tunisian Central Banks sign cooperation agreement
The Central Bank of Libya (CBL) and its Tunisian counterpart BCT have inked a Memorandum of Understanding (MoU) for cooperation in many areas including fintech, Libya Herald reports. The MoU, according to the CBL, provides for the transfer of experience of Tunisia’s Central Bank in the field of developing financial transactions (Fintech), and the […]



