zarif-algeria

EBRD provides €50 Mln to two Moroccan banks to support Morocco’s green transition

The European Bank for Reconstruction and Development has approved loans totaling €50 million to two Moroccan banks, namely “Crédit du Maroc” and “Société Générale Maroc” (SGMB), destined to boost Morocco’s green transition. The loan agreements were signed at the EU-Africa Business Forum in Brussels, co-organized by the European Commission, the African Union Commission, and African […]

France supports Sudan’s transitional government; to host conference with Khartoum’s international creditors

France has voiced “unconditional support for the democratic transition” in Sudan and vowed a €60 million aid, including 15 million that will be made available very quickly. President Emmanuel Macron of France made the announcement Monday after a meeting in Paris with Sudanese Prime Minister Abdallah Hamdok, whose government is tasked with leading the country’s […]

Zambia: Japanese company to invest $200 million in solar energy

The Japanese company Univergy Solar has announced it will invest $200 million in Zambia to carry out two solar photovoltaic projects. The investment will enable the new independent power producer (IPP) to build two photovoltaic solar power plants. The first plant will be located in northern Zambia, with a capacity of 135 MWp. The second, […]