Algeria freedom of the press

Burkina Faso: AfDB allocates €48.82 million for a power plant

The African Development Bank (AfDB) has just allocated €48.82 million to Burkina Faso for the construction of a solar plant. The funding was allocated in the form of a loan to build a 52 MW power plant as part of the bank’s “Desert to Power 2020-2024” initiative. Upon completion, the plant will provide energy to […]

Morocco’s Central Bank expects economy to shrink -5.2%, cuts rates to release liquidity

Morocco’s central bank cut the key interest rate from 2% to 1.5% to shore up the economy and reduced the reserve requirement for banks to 0% to release more liquidity. The Bank revised downwards its forecasts for 2020 to -5.2%, the lowest rate since 1996, compared with 2.5% in 2019, as the coronavirus impact and […]

Chad holds divisive post-coup vote on new constitution in step towards civilian rule

Chad holds divisive post-coup vote on new constitution in step towards civilian rule Chadian citizens have cast their vote in a contentious constitutional referendum that marks a long-awaited return to civilian rule since the April 2021 military takeover, though it is widely seen as a move to consolidate power by transitional leader Mahamat Deby. The […]