US House lawmakers have blocked a $450 million emergency aid the Obama administration was planning to give to the new government of President Mohammed Morsi, facing unprecedented economic crisis, with an estimated budget deficit of $12 billion. Republican Rep. Kay Granger of Texas, chairwoman of the Appropriations subcommittee on foreign operations, says “I am not […]
In South Africa, Mining Companies have opted for renewable energy and captive power supply from Independent Power Producers (IPPs) to secure power in the southern African nation, Absa Corporate and Investment Bank said. According to the Bank, South Africa is currently leading the region in renewable energy following the signing of agreements for 27 projects […]
Next fall elections are due to be held in Morocco and political parties have made a fuss about an electoral law that is pending final approval. Meanwhile, discussions on the cost and alliances and the emergence of old party leaders after long absence are making headlines. The cost of elections has initially been set at […]
