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Libya-UN: German diplomat Kobler to replace Leon
German diplomat and former head of UN’s largest peace keeping mission in DR Congo Martin Kobler is set to replace Spanish diplomat Bernardino Leon as head of the UNSMIL struggling to clinch an accord between rival Libyans, UN Chief Ban Ki-Moon announced in a letter addressed Wednesday to the UN Security Council. After heading UN’s […]
Egypt: Nine Banks to invest $1.5 billion in coal-fired power plant
In Egypt, a consortium nine local banks have pledged to invest about $1.5 billion in a project to increase the North African nation’s electricity capacity. The financing, granted as a loan, will benefit the construction of a coal-fired power station with a capacity of 6,000 MW in the Hamrawein area in the coastal region of […]
China’s Sentury to launch construction works of Morocco’s first tire plant this August
Sentury Tire, a Chinese tire manufacturing giant, will build a first Morocco tire facility in the North of the country, 35 km from Tanger-Med port, Africa’s largest container port which handles over half of all cargo going through Moroccan ports. The deal okaying the plant breaking ground and operationalization was signed by the company’s manager […]



