UN SG & President ghazouani of Mauritania

Egypt Gets $87 million from OPIC to support Ras Gharib wind farm project

The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), has approved an $87 million loan to Lekela Egypt Wind Power BOO. According to local media, Lekela Egypt Wind Power BOO, a subsidiary of Lekela Power, an independent power producer (IPP) based in Amsterdam, Netherlands, will use the loan to develop the Ras […]

Algerian military aircraft crashes adding to long list of deadly incidents

An Algerian military transport aircraft crashed shortly after takeoff from Boufarik air base on Thursday, killing two officers and injuring four crew members, one of them critically, the Defence Ministry said. The BE 1900 aircraft went down moments after taking off from the runway while on a mission carrying a six member crew. Algeria records […]

Casablanca, Second African City with Most Billionaires

Morocco’s economic capital, Casablanca, has been ranked second African city to house the largest number of billionaires by Forbes Africa Magazine in its 2017 ranking of African billionaires. The city comes right behind the Kenyan capital Nairobi, which has toppled the South African capital Johannesburg. Casablanca, according to the famous magazine, is home to 5,000 […]