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Libya contemplates seizure of Zambia’s international assets over $380-million debt
Libya’s telecommunications investor LAP GreenN, controlled by the UN-backed Government of National Accord (GNA) is considering seizure of Zambia’s international asset in a bid to recoup $380 million that Southern African country owes it. The debt, LAP GreenN notes, dates back to Zambia’s nationalization of Zamtel in 2012, a year after LAP GreenN bought […]
UAE, first investor in Africa
The UAE companies topped the list of investors in the African continent, pledging projects worth 110 billion dollars between 2019 and 2023, the Financial Times reported. Most of the investments, or 72 billion dollars, went to renewable energy projects, FT said. These investments outweighed those announced by UK, France or China. UAE companies also have […]
Morocco takes over presidency of UfM Parliamentary Assembly
Morocco has officially taken, Wednesday in Strasbourg, the presidency of the Parliamentary Assembly of the Union for the Mediterranean (UfM). The handover of the presidency of this body to the speaker of the Moroccan House of Representatives, Rachid Talbi El Alami, took place during the meeting of the Mediterranean delegation chaired by European Parliament President, […]



