The U.S. Trade and Development Agency announced this Thursday it will fund a feasibility study to transform the power distribution infrastructure in Marrakech into a smart grid. The announcement was made on the sidelines of the 2022 U.S.-Africa Business Summit taking place in Marrakesh. The study will be carried out by Washington-based Africa Climate Solutions […]
China is reportedly on track to control the ailing African Tazara railway connecting Tanzania and Zambia, originally funded by Mao Zedong’s government in the 1970s, despite geopolitical needling over control of mineral trade routes. Amid growing geopolitical tensions over the control of trading routes for critical minerals in Africa, China has chosen the China Civil […]
The recently launched Saudi-Egyptian Investment Company (SEIC) is set to acquire 25 per cent of stakes in Egyptian fertilizer giant Misr Fertilizers Production Company (MOPCO) for an unrevealed amount. The deal, Arab Finance reports citing a source who asked not be named, might have been executed Tuesday or it would be carried out this Wednesday […]
