Cyril Ramaphosa scraps Davos plans over energy crisis at home

South African President Cyril Ramaphosa has cancelled plans to take part in World Economic Forum (WEF) in Davos because of the energy crisis affecting the country. Vincent Magwenya, spokesman of the South African president said Ramaphosa will remain home to hold talks with Eskom and political leaders. Earlier reports said he would lead a government […]

Morocco’s External Debt Rises to 313 Billion Dirhams in June 2016

Morocco’s external debt reached 312.9 billion dirhams by June 2016 up from 301 billion dirhams by the end of 2015, Economy and Finance Ministry said in its latest statistics. Public institutions took 52.9% of Morocco’s total external debt, followed by the treasury with 46.8%, while banks and local collectivities accounted for the remaining 0.3% of […]

France to build 500 classrooms in Gabon to help address overcrowding challenges

France’s development agency, Agence Française de Developpement (AFD), will build 500 school classrooms across Gabon for a total investment of 154 million euros in a bid to help address the issue of overcrowding of schools in the central African country, Gabon Actu reports. Marie Sennequier, Director of the agency in Gabon, during a press conference […]