New clashes broke out between militias following the arrest of several Chadian mercenaries who, according to the Libyan authorities, formed a “criminal group” that “looted and stole”. These mercenaries were under the leadership of Osama Jouili, head of the military forces of western Libya. The arrest order was given by Fathi Bachagha, the Interior […]
Funding destined to infrastructure development in Africa hits $100 billion in 2018, the Infrastructure Consortium for Africa (ICA) has announced. The ICA’s Infrastructure Financing Trends in Africa 2018 report shows that financing of infrastructure in Africa reached a new high of $100.8 billion in 2018, a jump of about a quarter on 2017 and 38% […]
The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]
