JEUNEAFRIQUE

Solar Energy: AECF earmarks $20 million for SMEs & Startups in five African Countries

The African Enterprise Challenge Fund (AECF), an investment fund set up by the British government has announced a new investment of $20 million to support small and medium-sized enterprises (SMEs) and start-ups in five African countries. Ethiopia, Ghana, Nigeria, Senegal and Somalia are the selected countries for the React Household Solar Round 2 competition. AECF […]

U.S. report decries deteriorating human rights situation & growing repression in Algeria

The human rights situation in Algeria deteriorated in 2023 due to increased repression and violation of the freedoms of expression, press, assembly, and association, says the U.S State Department in its latest annual country report on the human rights situation in Algeria. The report cites documented cases of torture, arbitrary arrests, and inhuman treatment of […]

Morocco rejects Fitch Rating report on banking sector

Morocco’s central bank has efficient and effective regulatory control of the banking sector contrary to what Fitch rating claimed in a recent report, said head of the bank Abdellatif Jouahri. The central bank governor, who was speaking to reporters, said Fitch was wrong in its conclusions that run contrary to what other international rating agencies […]