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Morocco aims to boost diaspora investment with new initiatives

North Africa Post

Morocco aims to make the kingdom a “natural destination” for investment by its diaspora, head of the government Aziz Akhannouch said, as the country seeks to channel remittances into productive projects to support economic growth. Speaking at the opening of a national forum on investment and Moroccans living abroad, Akhannouch said the country wants to […]
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AU-EU 25-year partnership strengthened by €20m capacity building initiative

North Africa Post

The African Union (AU) and the European Union (EU) have further deepened their 25-year-old partnership with the recent signing of the €20 million EU-African Union Partnership Performance Acceleration Programme (AUPPAP). This agreement, marking the 25th anniversary of AU-EU relations, aims to accelerate integrated development and strengthen institutional capacities across Africa, aligning with the AU’s Agenda […]
Africa Energy Headlines International

DRC: France’s Perenco SA to build 100 MW gas-fired power plant

North Africa Post

Congo’s sole crude producer, France’s Perenco SA has announced that it will start constructing a 100 megawatt gas-fired power plant on the Atlantic coast. The construction of the power plant is part of the emergency plan of the Democratic Republic of Congo’s new president, Felix Tshisekedi, which aims among other things to increase access to […]