Saudi Arabia has pledged to invest $14 billion in Uzbekistan including the construction of the world’s largest wind farm with a capacity of 1.5 GW that will power 1.65 million homes, reports say. The Gulf Kingdom’s power company ACWA Power will build the farm in Karakalpakstan region. The project will solve the kingdom’s chronic energy […]
US Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Ghana and Zambia for restructuring of their sovereign debts, as a record number of developing nations are at risk of a debt crisis, with ballooning inflation escalating borrowing costs. Yellen, who is scheduled to meet with her counterparts at this […]
France on Monday made an announcement refusing Niger’s appeal, last week, for western military action against Islamist fighters who have established bases in Southern Libya since the 2011 overthrow of Colonel Muammar Gaddafi. Niger’s call for help is a desperate one as Islamist attacks and kidnappings on its mineral-rich soil have posed a threat to […]
