The International Finance Corporation (IFC), an offshoot of the World Bank, agreed to lend Morocco’s phosphates and fertilizers giant OCP 100 million euros to fund the building of four solar plants, the two parties said. The agreement was announced during the International Monetary Fund-World Bank Group Spring Meetings in Washington DC. The green loan will […]
Militant Islamist violence continues to escalate in the Sahel, shifting southward and westward to increasingly threaten security of coastal West African nations, according to a new report by Africa Center for Strategic Studies (ACSS). Countries like Mali, Burkina Faso, and Niger remain at the epicenter of this violent surge, with fatalities and militant activity hitting […]
Egypt is marshalling support around Africa to obtain the replacement of US Stephani Williams, who is acting as Adviser to the UN Secretary-General on Libya, with an African figure on the grounds that the UN diplomat antagonizes Cairo’s vision in the Libya crisis, Al-Araby Al-Jadeed reports citing an informed Egyptian source. The source told the […]
