Algerian activist Karim-Tabbou

Mauritania: first wind 30 MW energy plant inaugurated

Mauritanian President Ould Abdel Aziz inaugurated Tuesday the country’s first wind energy plant expected to produce about 30 megawatt, enough to cover 14% of energy need of the capital, Nouakchott. The new energy plant worth €43 million was co-funded by Mauritania and the Arab Fund for economic and social development. Mauritanian minister of energy Ahmed […]

Morocco to legalize working from home

The Moroccan government is about to submit a draft law on working from home or any other locations away from the public administration in a move that comes after the coronavirus outbreak. The draft law will provide for conditions and terms for working away from the administration which can last for up to one year […]

AfDB launches transaction guarantee to support SMEs, trade in Africa

The African Development Bank, through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The guarantee will cover an array of trade finance instruments, including confirmed letters […]