AfDB, Lome-based BOAD ink €70m deal to support the private sector in 8 West African countries

The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of €70 million to bolster the regional bank’s support to the private sector in the West African Economic and Monetary Union (WAEMU). The agreement, AfDB notes, was signed in Lomé on […]

Libyan Crisis between Morocco’s Mediation and Algeria’s Meddling

As Morocco continues to undertake mediation efforts to bring the warring factions in Libya into accepting a political solution that safeguards Libya’s stability, sovereignty and territorial integrity, Algeria has meddled in the country’s crisis, violated its sovereignty and took sides in a Libyan internal power struggle. Morocco’s mediation efforts previously culminated with the Skhirate Agreement […]

India’s richest person to invest in a 10 GW project in Morocco

India’s richest person Gautam Adani is negotiating with Moroccan authorities the setting up of a giant clean energy project that would produce 10 gigawatts, Bloomberg reported. Adani’s group is considering building solar and wind plants as well as facilities to produce and export green hydrogen, the news agency reported citing anonymous sources. Morocco currently has […]