The European Bank for Reconstruction and Development (EBRD) and Proparco have contributed $58 million each for the construction and operation of two 50 MW solar photovoltaic power plants in Egypt. These plants are the first two projects to be financed under Egypt’s ambitious feed-in tariff scheme for renewable and will be part of the planned […]
The Algerian presidency announced Sunday the “retirement” of the head of Algerian intelligence services (DRS) General Mohamed Mediène nick-named “Toufik”. Abdelaziz Bouteflika, Head of State and Minister of National Defense “has put an end to the functions of the Head of Intelligence Department, occupied by General Mohamed Mediene who has retired,” a statement by the […]
China’s long-held strategy of “regime-agnostic” engagement in Africa is under strain as mounting instability in Niger threatens billions in Chinese investments, says a new study. A new report by the Washington-based Africa Center for Strategic Studies warns that China’s transactional diplomacy — prioritizing control over constitutional legitimacy — has left its state-owned enterprises (SOEs) vulnerable […]
