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Nador West Med: Additional €57 Mln AfDB Financing
The African Development Bank Group has approved an additional financing of €57 million for Morocco to help finance the ongoing construction of the Nador West Med port complex. This financing completes a first funding of nearly €113 million, granted by the Bank in 2015, said AfDB in a press release, published on the sidelines of […]
Mali’s junta-appointed PM bashes France & UN, praises Russia ties
Mali’s military-appointed prime minister has lashed out at the former colonial ruler France and the United Nations as he praised the “exemplary” cooperation with Russia. Addressing the 77th session of the UN General Assembly (24 September), Abdoulaye Maiga slammed what he called “unilateral decision” by Paris to relocate the remaining French troops to neighbouring Niger […]
Economic headwinds: foreign debt and inflation cloud Kenya’s presidential polls
As Kenyans head to the polls on August 9, East Africa’s largest economy could be headed for tough times. With the country’s currency having depreciated sharply, Kenya’s Treasury will face difficulty paying back its huge dollar-denominated debt. Kenya is among developing countries facing an economic crisis, according to a recent report released by Moody’s Investors […]



