The World Bank’s Board of Directors has approved $200 million in funding for the establishment of a Renewable Energy Guarantees Program (REGREP) in Ethiopia. These funds, to be disbursed by the International Development Association (IDA), will help the authorities in Addis Ababa to reform their regulatory framework and gear it up for private investment and […]
Algeria’s economic growth dropped to 2.2% in 2017, down from 3.3% in 2016, due to a decline in the performance of the energy sector, the central bank said. The same source noted that inflation dropped to 5.6% instead of 6.4 in 2016, while the balance of payment was reduced by $3 billion to stand at […]
Morocco and its longtime West African ally Gabon reiterated willingness to work together to foster their distinguished ties under the leadership of King Mohammed VI and President Ali Bongo Odimba. The two leaders held talks in Libreville on Wednesday, attended by Moroccan foreign minister Nasser Bourita and his Gabonese peer Yoyande Nyonda. The two leaders […]
