Migrants Off Libya

Mozambique power utility loses $100M annually

The Mozambican power company, EDM, has recorded an annual loss of $100 million, due to illegal connections to the national power grid. According to Mozambican newspaper O Pais, which quoted the company’s new chairman, Ale Sicola, “smart” electricity meters will be introduced on the market to minimize the problem. The company chairman also said that […]

Tanger Med emerges as strategic hub amid global shipping crisis

Tanger Med is emerging as a key stabilizing hub as global shipping disruptions force carriers to reroute vessels around Africa, extend transit times and impose sharp freight surcharges. Port officials and operators say the hub’s position at the Atlantic–Mediterranean crossroads is reinforcing its role in absorbing redirected flows, even as the global crisis drives costs […]

New AfDB President Mauritania’s Sidi Ould Tah pledges reform, unity

Mauritania’s Sidi Ould Tah, who secured a five-year mandate at the helm of the African development Bank, one of the continent’s most influential financial institutions, pledged in his victory speech to “build a stronger, more responsive AfDB” that can better support member countries in tackling urgent challenges such as climate resilience, food security, and youth […]