Twenty two candidates, including two former Prime Ministers, have applied for the December presidential elections, state-run news agency APS said Sunday, after deadline for bids submission ended Saturday. The election authority, according to the agency, has 7 days to validate the various candidacies that include Ali Benflis and Abdelmadjid Tebboune, two former premiers under Abdelaziz […]
The World Bank Group approved a $45 million loan to the Central African Republic to support the construction of a solar power plant near capital Bangui. The project, to have a capacity of 25 MW, will accelerate the economic development of the country, according to the government. The implementation is scheduled to begin in August […]
Egypt’s Arab African International Bank (AAIB) issued Africa’s largest private green bond worth $500 million to fund its sustainable development operations. Three renowned development financial institutions: the IFC, the EBRD, and British International Investment (BII) teamed up in this issuance, subscribing to the entire bond. The bond is also reflective of a strong commitment to […]
