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What US elections could mean for Africa’s trade and investment
The upcoming high-stakes presidential election in the United States will be consequential to every region of the world, not least Africa, as its result will determine the nature of future interactions between this leading global power and African countries, according to experts and observers. While Democratic Vice President Kamala Harris and Republican former President Donald […]
Xlinks explores alternatives after UK declines long-term deal for Morocco power link
The UK government has declined to enter formal negotiations for a long-term green electricity purchase agreement with Xlinks, the company behind a proposed £20 billion subsea power cable linking Morocco to the UK. The decision, confirmed earlier this month, effectively rules out a 25-year Contract for Difference (CfD) that Xlinks had sought to secure financing […]
IMF offers Morocco $1.3 bln loan to face climate risks
The International Monetary Fund will lend Morocco $1.3 bln to help the country fend off climate change risks, Morocco’s news agency reported. “The IMF concluded a staff-level agreement with Morocco to provide $1.3 billion in financing over the long term,” the agency said, citing IMF chief Kristalina Georgieva. Georgieva made the announcement during her participation […]



