Neguev summit 2

Nigeria wins appeal in landmark ruling against Process & Industrial Developments

Nigeria no longer has to pay a multibillion-dollar fine over a failed gas project agreement with Process & Industrial Developments Ltd (P&ID), after a London High Court has ruled in favor of Abuja and its appeal over damages, thus bringing an end to the $11 billion lawsuit filed by P&ID against the federal government. An […]

AfDB pioneers carbon markets facility to propel climate finance

In a decisive stride towards climate resilience, the African Development Bank (AfDB) announced plans to establish a dedicated Carbon Markets Support Facility aimed at galvanizing carbon finance across Africa. Recognising the continent’s disproportionate vulnerability to climate change-induced disasters, this pioneering initiative seeks to unlock new streams of investment by formalizing and scaling carbon credit trading. […]

Morocco and France committed to fostering security cooperation

Rabat and Paris reiterated their commitment to reinforce security cooperation notably in terms of intelligence sharing, Morocco’s interior ministry said in a statement. The two countries stepped up their judicial cooperation as well as joint efforts against illegal migration and all sorts of trafficking as well as counter-terrorism, reads the statement issued after talks in […]