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Mozambique power utility loses $100M annually

The Mozambican power company, EDM, has recorded an annual loss of $100 million, due to illegal connections to the national power grid. According to Mozambican newspaper O Pais, which quoted the company’s new chairman, Ale Sicola, “smart” electricity meters will be introduced on the market to minimize the problem. The company chairman also said that […]

Al-Mourabitoun denies shifting allegiance to IS

Mokhtar Belmokhtar, co-founder of the al-Mourabitoun Islamist group, has denied reports that the extremist group has shifted its allegiance to the Islamic State from al-Qaeda. The information was relayed by Mauritania’s Alakhbar news website that has often received messages from the Sahara desert based jihadist group. An audio message posted on Alakhbar’s website last week […]

Africa watching closely French bid to ban $1bn exports of second-hand clothes

African countries are watching closely France’s attempt to impose an EU-wide ban on the export of second-hand clothes, popularly known as mitumba, millions of tonnes of which are exported to the continent each year. France’s lower house of parliament has recently approved a new bill that would gradually impose fines of up to €10-per-item of […]