The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]
The African Union has renewed its campaign for reparative justice, demanding concrete economic redress for slavery and colonialism’s lasting impacts rather than mere symbolic acknowledgments, as global momentum builds for historical restitution. Speaking to Business Africa, Desire Assogbavi, International Development Expert and Advocacy Advisor at Open Society Foundations, emphasized that reparations extend beyond financial compensation. […]
The long awaited 2018 Doing Business report has vindicated Morocco as a shining model in terms of ease of implementing investments in North Africa and controverted Algeria due to its unpropitious business climate. The report invalidates the unfounded statements uttered by Algeria’s foreign minister, Abdelkader Messahel, who claimed that his country ranks first at the […]
