Wind farm

Central Bank of Mauritania suspends Société Générale Mauritanie buyout by Burkina Faso-based Coris Holding

The Central bank of Mauritania, BCM, has reportedly suspended the acquisition of Société Générale Mauritanie, the subsidiary of Paris-based Société Générale, by Burkina Faso-based Coris Holding over an alleged fraud accusation leveled at Coris. Société Générale in June 2023 announced the sales of several of its subsidiaries in the southern Sahara including Mauritania. The bank […]

Ghana: Four men handed 10-year prison sentence for abducting two Canadian women

Four men have received each 10 years in prison for kidnapping back in 2019 two Canadian female volunteers in the Ghanaian city of Kumasi. The men were found guilty of conspiracy and kidnapping Lauren Tilly and Bailey Chittey in June 2019, state-run Ghana News Agency (GNA) said. Tilly and Chittey were in Ghana to volunteer […]

Zambia–Zimbabwe: Batoka Gorge Hydro Power Project Taking Shape

Zambia and Zimbabwe have shortlisted American, European and Chinese companies to build the Batoka Gorge hydro power plant. The consortium of General Electric and Power Construction Corporation of China, Salini Impregilo of Italy and a joint venture of Chinese firms Three Gorges Corporation, China International and Water Electric Corporation and China Gezhouba Group Company Ltd […]