Nezha-Alaoui

Sahara: UN warns again Polisario against obstructing civil & commercial Traffic

The UN Secretary-General António Guterres on Saturday warned the Polisario separatists against obstructing regular civil and commercial traffic in the Guerguerat buffer zone, in reaction to the front’s recent moves in the town on the Morocco-Mauritania border. In a statement on behalf of UN Chief, his deputy spokesperson Farhan Haq said that the UN has […]

Nigeria approves $1bn Chinese loan for Hydropower project

Nigeria’s Federal Executive Council (FEC) has approved $1 billion Chinese loan from Chinese EXIM Bank for the development of the Gurara II hydroelectric project in Kaduna State in the north of the country. The Gurara II hydroelectric dam will produce 360 MW. The Gurara River is already serving to generate 30 MW of electricity and […]

African Nations launch alternative credit rating agency to challenge global giants

Africa is set to establish its own credit rating agency by June 2025, marking a significant shift in how the continent’s economies are evaluated. The Africa Credit Rating Agency (AfCRA) aims to provide more nuanced sovereign ratings by incorporating local contexts often overlooked by traditional agencies like Moody’s, Fitch, and Standard & Poor’s. This initiative […]