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Ghana signs debt restructuring deal with bilateral creditors
Ghana signed a memorandum of understanding with bilateral creditors, including France and China, to restructure $5.4 billion worth of debt. The deal was seen as a prerequisite for unlocking $360 million from the IMF under a $3 billion bailout program next month. Ghana was the second African country to default on its debt following Zambia […]
Acwa Power to Build Major Wind Power Plant in Egypt in $2.3 Billion Deal
Acwa Power, the Saudi renewable energy giant, has announced tthis week hat plans are underway to build, own, and operate a 2-gigawatt (GW) wind power plant in South Hurghada, Egypt. This large-scale facility, which is expected to generate enough electricity to power nearly 2 million homes, is part of the company’s ongoing expansion into the […]
Moroccan police arrest Interpol-wanted French, Swedish nationals
Marrakech police arrested on Friday evening a French national wanted internationally for attempted murder. Carried out in coordination with Morocco’s General Directorate for Territorial Surveillance (DGST), the arrest was based on an international warrant issued by French judicial authorities. The 25-year-old suspect was in Morocco illegally and was apprehended during a routine search. A suspected […]



