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New Talks Fail to Solve Dispute over Grand Ethiopian Renaissance Dam

In Addis Ababa, a major meeting on the future of Africa’s biggest hydroelectric dam— (GERD)—has ended without agreement. This is the fourth meeting in the latest efforts by water ministers from Ethiopia, Egypt and Sudan to find a resolution to the tensions over the project. The dam is under-construction on Ethiopia’s Blue Nile, a main […]

Egypt Pins All Hopes on IMF to Stabilize Economy

Egypt was pinning great hopes on the International Monetary Fund (IMF) promised loan to boost its economy, stabilize the country and attract investors and tourists anew. The country is in dire need of this loan also to inject cash in the state’s reserves as foreign currency reserve can barely cover 3 months of imports and […]

German Helukabel opens subsidiary in Morocco, a growing market

The German leader in cables and wires industry, Helukabel, has opened lately a subsidiary in Casablanca, Morocco, described as a dynamic and growing market. It is the second subsidiary of the electrical connection technology specialist in the African continent. Helukabel has been present in South Africa since 2010. Commenting the opening of a new site […]