AU Assembly 2019

Nigeria approves $1bn Chinese loan for Hydropower project

Nigeria’s Federal Executive Council (FEC) has approved $1 billion Chinese loan from Chinese EXIM Bank for the development of the Gurara II hydroelectric project in Kaduna State in the north of the country. The Gurara II hydroelectric dam will produce 360 MW. The Gurara River is already serving to generate 30 MW of electricity and […]

Sharp Decline in Suez Canal Traffic Reported Amid Regional Instability

A significant reduction in maritime traffic through the Suez Canal has been recorded, with figures showing a nearly 50 percent drop in the first quarter of 2025, according to statements made on Wednesday, April 16, by Suez Canal Authority (SCA), Chairman Osama Rabie. The decline has been attributed primarily to ongoing security threats in the […]

Truck drivers express relief after Royal Armed Forces restore traffic in Guerguarat

Business as usual was restored in the Guerguarat border crossing after it was closed for three weeks by Polisario bandits. The Moroccan TV, Al Oula, showed footage of smooth crossing of heavy trucks in both directions between Morocco and Mauritania. “We thank His Majesty and the Moroccan Armed Forces for restoring peace and reopening this […]