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Proparco, EIB, IFC commit €47.5 million for solar energy in Senegal

The European Investment Bank and the International Finance Corporation have announced €47.5 million to finance the construction of two photovoltaic solar power plants In Senegal. The infrastructure will be installed by Engie in collaboration with other partners. According to local media, the two photovoltaic solar power plants will be installed in Kahone and Kael and […]

Hope For The Best: Argentines Wake Up In Default

The mood is defiant in the streets of Buenos Aires after Fitch Ratings and Moody’s Investors Service declared today Argentina in default on some bonds for the eighth time in its history.   This follows Standard & Poor’s Ratings’ Services cutting its credit rating on the the South American nation’s foreign-currency sovereign debt to “selective […]

St. Vincent & the Grenadines reaffirms support for Morocco’s territorial Integrity, hails King’s leadership

St. Vincent and the Grenadines has reaffirmed support for Morocco’s territorial Integrity, and considered the Autonomy Plan as being the ‘unique solution’ to the Sahara Issue. This position was expressed in a joint communiqué issued at the end of talks held in Rabat on Friday between the Prime Minister of Saint Vincent and the Grenadines, […]