NISSAN TO ADJUST SUNDERLAND OPERATIONShandout image

Morocco Gets $265 Mln WB Funding for Clean Energy Project Designed to Produce Reliable & Affordable Electricity

The World Bank has approved $265 million to support construction of a ‌new pumped hydropower storage plant in northern Morocco. This clean energy project, one of the landmark infrastructures in Africa, will provide affordable electricity, improve the resilience of the national grid and create jobs. The Ifahsa Pumped Hydropower Storage Project is designed to strengthen […]

East Africa’s weakening currencies don’t improve trade balances, defying economic theories

The depreciation of all domestic currencies in the East African region over the past year has not led — in a defiance of conventional economic theory and expectations of regional economists — to the improvement in trade balances, putting more pressure on foreign exchange rates. The depreciation of a country’s currency is supposed to make […]

Energy: Investors gather in Miami to Power Africa

The 5th Powering Africa: Summit will host over 370 investors and public and private stakeholders from across North America, Africa and Europe to present energy projects, discuss investment opportunities and build relationships within the international power community. The Powering Africa: Summit (PAS) to take place for the first time in Miami from February 25-27 will […]