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US-Africa Leaders Summit yields scores of business deals in diverse fields

Business from the United States and different African countries announced nearly 15 new commitments during last week’s US-Africa Leaders Summit, in fields ranging from mining to healthcare to basketball. One of the biggest deals made at the summit was an investment by US-based Kobold Metals, which will be “a commitment of over $150 million dollars […]

Tunisia: President handpicks security aide as Interior Minister

Tunisian President Kais Saied has appointed one of his security top advisors as Interior Minister, few days after he fired Hichem Mechichi who headed the ministry as caretaker alongside his role of Prime Minister. A statement from the office of the President Thursday said Ridha Gharsalaoui, was sworn in before Saied. Gharsalaoui, reportedly an anti-terrorism […]

Pandemic and Ukraine war are pushing Africa’s power companies to the brink

The COVID-19 pandemic and the ongoing war in Ukraine have been pushing many electric grid utilities in Africa — which have long been strapped for cash — close to financial collapse, whereby this situation is in turn also slowing down the continent’s clean energy transition. Ghana’s electric grid is in dire straits. In the mid-2010s, […]