North Africa Post
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Africa Features Headlines International

Africa’s twin drain: climate disasters and illicit fund transfers erode infrastructure and growth

North Africa Post

Africa is losing billions each year to twin economic threats: climate-induced natural disasters and illicit financial flows, a new series of reports reveal. According to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI), natural disasters inflict $12.7 billion in annual damage to infrastructure across the continent. Floods alone account for nearly 69% […]
Business Energy Finance Headlines Tunisia

Tunisia to benefit from AfDB program to promote investment in decentralized renewable energy

North Africa Post

Tunisia will benefit from the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) program to promote investment in decentralized renewable energy backed by the Green Climate Fund. With a commitment of $164 million, the Abidjan-based bank will help scale up decentralized renewable energy (solar home systems, green mini-grids, and solar solutions for commercial […]
Africa Headlines International Libya

Libya: new PM vows to assume power on Thursday by “the force of law”

North Africa Post

Libya’s new Prime Minister Fathi Bashagha Tuesday said he will assume power in the capital Tripoli in the two coming days by “the force of law not the law of force” amid refusal by outgoing Abdelhamid Dbeibah  to allow the cabinet of the former Interior Minister to take office in Tripoli. The House of Representative […]