UK’s renewable energy developer TuNur plans to set up $1.5bn solar plant in Tunisia

UK’s renewable energy developer TuNur plans to invest $1.5 billion in building an export-oriented solar power plant in Tunisia with a capacity of 500 megawatts, the North African country’s state-run news agency announced Tuesday. Daniel Rich, the CEO of the British company made the announcement as he met with Tunisia’s Minister of Economy and Planning […]

Libya’s division, bureaucracy hinder investment flow- State Department

Division of state institutions, bureaucracy, and corruption were key obstacles to promoting foreign direct investments in war-torn Libya, despite the country’s colossal need in terms of infrastructure and economic diversification, the US State department said. “Despite the high potential for domestic and foreign investment in Libya due to its reconstruction needs, unmet consumer demand, and […]

Gabon’s strongman visits Chad for fourth international trip

Brice Clotaire Oligui Nguema, the General and new leader of Gabon, undertook his fourth international trip with a visit Monday October 9 to Chad where he met President Mahamat Idriss Deby Itno. The Gabonese leader came to power on August 30, after deposing Omar Bongo Ali Odimba. The meeting between the Gabonese and Chadian transition […]