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US-Africa Leaders Summit: Biden to reboot ties with Africa, back AU spot in G20

The annual US-Africa Leaders Summit kicks off this Tuesday Dec.13 in Washington, D.C., where President Joe Biden will host about 50 African leaders, their delegations and Africans in the private sector and diaspora communities in the United States. The Biden’s three-day summit, which will focus on values such as democracy and good governance, as well […]

Taqa Maroc sets up renewable energy subsidiary

Morocco’s largest private electricity producer, Taqa Maroc, has launched a renewable energy subsidiary to take care of its solar projects, Moroccan media said. UAE firm Taqa Maroc is listed on the Casablanca stock exchange and has reported a first quarter revenue of 4.09 billion dirhams, up 53.9% from last year as coal prices drop. It […]

Nigeria should stop depending on oil, gas revenues — WTO chief

The World Trade Organization chief has urged Nigeria to see alternative revenue sources as the oil and gas industry becomes less lucrative. Speaking during a recent function in Abuja, Ngozi Okonjo Iweala, Director-General of the WTO, has advised incoming governors to stop depending on crude oil and diversify the sources of revenue in their domains. […]