libya-rise

World Bank suspends partnership with Tunisia due to racism

The World Bank said it halted cooperation with Tunisia after a surge in racism in the country triggered by anti-migrant speech by its president. President Kais Saied stoked racism in the country, triggering a spate of state-condoned violent acts that affected many Sub-Saharans living in the country. News agencies, including Reuters, said the World Bank […]

Morocco, Mauritania take next steps in grid interconnection

Morocco’s water and electricity agency ONEE and Mauritania’s electricity supplier SOMEC signed an agreement to connect their electricity grids. The agreement was signed by head of ONEE Tarik Hamane with his counterpart Sidi Salem Mohaned Elabd in Nouakchott. The project “is part of the Royal Atlantic initiative that aims at promoting African integration and south-south […]

Investment risk in Africa ten times lower than in L’America, Eastern Europe — AfDB chief

African leaders and business executives, at the World Governments Summit in Dubai, sought to strongly challenge the persistent myths about investment risks in Africa. Speaking in one of the panels, Akinwumi Adesina, president of the African Development Bank (AfDB), presented data revealing that Africa’s risk profile is far lower than commonly believed, with a loss […]