Moroccan HCP

Egypt: Every option is possible to stop Ethiopia

Egypt is not ruling out military options to halt the construction of a dam on the Blue River Nile by Ethiopia. The Nile is being diverted 500 meters from its natural course for the construction of a hydroelectric plant, Grand Ethiopian Renaissance Dam, worth $4,2billion and capable of producing 6,000 megawatts at full capacity. Egypt […]

Sub-saharan Africa saw a record 16.5 mil. internally displaced people in 2022 — report

A “perfect storm” of overlapping conflicts in African countries and Ukraine, coupled with climate change-triggered disasters around the world forced a record 71.1 million people to flee within their own country in 2022, monitors said on Thursday (11 May). An unprecedented 71.1 million internally displaced people (IDPs) were registered last year — up 20% from […]

Slovak company plans to assemble electric cars in Nigeria

Sirieco, a Slovak company plans to set up a plant in Nigeria, to assemble electric cars and manufacture the new-generation incandescent bulbs, the company’s CEO Groidis Peter announced during a recent visit to the West African nation. The plant will be located at Calabar in Cross River State, southeast Nigeria, Groidis Peter said. The Governor […]