Africa mini grids

Morocco‘s green transition gets €25 Mln support from EBRD, EU & GCF

Bank of Africa of Moroccan BMCE Group has received a €25 million funding provided by the European Bank for Reconstruction and Development (EBRD), with the support of the Green Climate Fund (GCF) and the European Union (EU) to bolster Morocco’s green economy. The announcement was made Friday by the EBRD which contributed €18.75 million, while […]

West Africa junta regimes forge closer ties with hardline Islamist leaders

Religious leaders and especially Salafists in the three coup-hit West African countries have reportedly emerged as the unexpected allies of the new military authorities. The largely popular regimes in Niger, Burkina Faso, and Mali — West African countries, which have also undergone military coups since 2020 — enjoy the support of the religious leaders that […]

Algeria worsens its self-imposed isolation by erratic decisions

After worsening ties with almost all of its immediate north African neighbors, Algeria has entrenched its self-inflicted diplomatic and economic isolation by hostile moves against Spain, triggering a firm reaction from the EU. Algeria has asked its bank to withhold processing all commercial transactions with Spain the same day it has suspended a friendship and […]