The International Finance Corporation (IFC), on Thursday, 18 December 2025, announced a strategic partnership with Dubai-based AMEA Power and Japan’s Kyuden International Corporation to develop a 1,000-megawatt solar power plant integrated with a 600MWh battery energy storage system in Aswan, southern Egypt. The $571.8 million financing package, led by IFC with support from international partners, […]
The Financial Times has unveiled the reasons behind the support of the corporate barons of the bid of ailing Algerian President Abdelaziz Bouteflika for a 5th term in office despite uncertainties over his health. “The businessmen have been one of the biggest interest groups behind Bouteflika, aged 81-year old. All made their money under him,” […]
Thanks to its increasing diplomatic and economic clout, Morocco is best placed to serve as India’s bridge to French speaking Africa, Indian paper, the Business Standard, commented. Morocco, a North African nation almost touching Europe, has emerged as an “island of stability” in a volatile region, adds the paper quoting Morocco’s Ambassador to New Delhi […]
