CDC Group, the UK government’s foreign investment arm, has announced it will invest $300 million in power grid development in Africa over the next five years. This contribution will be made through Gridworks, a company that will be launched shortly to this end. The company will make investments in African transmission networks, but also […]
Poland’s Flyargo Company, which makes ultra-light aircrafts, will set up a plant in the Moroccan Sahara, an attractive region which offers investors huge business opportunities due to its political stability, untapped resources and position as a gateway for Africa. The announcement was made by Flyargo CEO Krzysztof Majkowski following a meeting held lately in Warsaw […]
US Africa Command has warned against a terrorist plot being prepared by ISIS militants against Libya’s Oil Crescent, which is located 500 km east of the capital Tripoli, and includes the country’s largest oil reserves and export terminals. In a statement to Asharq Al-Awsat, AFRICOM spokeswoman Robyn Mack said: “at the moment, we believe that […]
