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Libya: UN Envoy explores with Haftar roadmap to resolve political stalemate

UN envoy Hanna Serwaa Tetteh met Eastern Libyan commander Khalifa Haftar in Benghazi on Sunday, September 7, to deliberate on a roadmap aimed at ending Libya’s protracted political crisis. Their talks focused on a UN proposal, presented to the Security Council last month, which calls for the establishment of a unified interim Government to oversee […]

Spain to grant €20Mln loan to Moroccan micro-financing fund Jaïda

The Spanish Council of Ministers approved, on Wednesday, an agreement to grant a loan of up to 20 million euros to the Fund for the financing of microfinance organizations in Morocco, Jaïda. The loan, granted through the Spanish Agency for International Development Cooperation (AECID), aims to finance the expansion of the Jaïda Fund portfolio. ”The […]

Shell acquires Nigeria’s Daystar to enter African renewable energy market

The acquisition of Nigeria-based Daystar Power by Shell is significant for the UK-headquartered oil giant, which has long been active in the continent’s hydrocarbons market, as it must look for new sources of growth as fossil fuels are phased out. Shell has acquired Daystar Power, a Nigeria-based provider of hybrid solar power solutions to commercial […]