The European Union has announced € 10 million additional EU assistance for the rehabilitation of Typhoon Haiyan-affected areas wherein survivors plea for help and assistance. The death toll continues to rise and is expected to exceed appalling 10,000 victims of Haiyan, one of the strongest tropical storms ever recorded, that hit the Philippines on 7 […]
Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with a US$335-million project financing facility. The announcement comes as the project spearheaded by Gemcorp, a UK-based asset management company, to build a refinery in Angola has been well behind schedule, […]
Morocco deplored the bias shown by Human Rights Watch in its annual report in which it sidelined with separatists and ignored facts on the ground. The International rights watchdog has derailed from the principles of impartiality which were supposed to underpin its work, the interministerial body in charge of human rights said. HRW has also […]
