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Gabon: Ali Bongo dismisses Vice-President, forestry minister
President Ali Bongo Ondimba Tuesday dismissed his Vice-President and the minister of forestry, a statement of the presidential office said without elaborating on the rationales. Maganga Moussavou has been Vice President of the Central African country since 2017 after the restauration of the position. Moussavou, from the opposition lost to Ali Bongo during the 2016 […]
Norwegian Scatec to build 5 gigawatts wind power plant in Egypt
Norwegian renewable power producer Scatec ASA will build a 5 gigawatts wind power plant in the Egyptian city of Sohag, near the Nile, following a $5 billion deal signed with the Egyptian ministry of Electricity and Renewable Energy. In line with the deal, the two sides signed Wednesday an agreement for Egypt’s New and Renewable […]
OPEC Fund lends Morocco $100 Mln for financial inclusion & digital entrepreneurship
The OPEC Fund for International Development has lent Morocco $100 million to enhance financial inclusion, modernize the economy and mitigate the impact of Covid-19 pandemic. The loan, supported by the World Bank, will enable Morocco implement reforms to provide households and firms with affordable, transparent and sustainable financial services. It aims to ensure financial inclusion […]


