Nigeria: deepening currency crisis, soaring inflation are threats to country’s economy

Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]

Africa, Middle East install close to 1 GW of wind power in 2018

Africa and the Middle East installed 962 MW of new onshore wind capacity in 2018, up by more than 300 MW from a year earlier, the Global Wind Energy Council (GWEC) said Monday. The three countries that led the growth were Egypt with 380 MW, Kenya with 310 MW and Morocco with 120 MW. The […]

French LR head vows to enhance ties with Morocco

Éric Ciotti, head of French liberal conservative party LR, vowed to work to improve ties between France and Morocco if his coalition wins snap elections. “If we win, we want to restore relations of friendship and trust with the Kingdom of Morocco, which is a great country, a great democracy for which I have a […]