Italian FM Luigi-Di-Maio

Burundi: Main opposition picks presidential flagbearer

Burundi’s main opposition party, the National Congress for Liberty, known by its French acronym CNL, on Sunday picked the current chairman of the National Assembly, Agathon Rwasa, as its candidate in the presidential election in May.   The 65-year-old candidate fought in Burundi’s civil war, as did current President Pierre Nkurunziza.   “As we are […]

Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures

The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]

Artificial Intelligence: U.S. firm Iozera to Invest $500 Mln in Data-center and AI Hub in Morocco

U.S.-based tech startup company Iozera has announced plans to set up a 386MW Data Center and artificial intelligence hub in the northern Moroccan city of Tetouan. The $500 million project will operate with renewable energies thanks to Morocco’s leadership in the sector. Iozera says it is designed to democratize access to advanced AI computing resources, […]