FIFA-World-Cup

Central African Bloc removes sanctions on Gabon

The Economic Community of Central African States lifted sanctions on Gabon and decided to re-integrate the country to the bloc, after six months of membership suspension after the coup. The decision was confirmed by Burundi’s foreign minister following a bloc’s meeting in Equatorial Guinea. The country’s military authorities promised to restore democratic governance in the […]

AfDB approves recommendations for Senegal’s 125 MW coal-fired project

The African Development Bank Group (AfDB) last weekend approved the recommendations of the Independent Review Mechanism (IRM) to bring a coal-fired power plant project in Senegal into compliance with Bank policies and procedures. The Sendou Coal Power Plant project in the West African nation was approved by the Boards of Director of the bank on […]

Morocco’s Spending on Cooking Gas, Sugar Subsidies Hits $700 million

Morocco’s spending on cooking gas and sugar subsidies rose sharply to nearly $700 million in the first half of 2017, compared to $481 million in 2016, the subsidy fund, Caisse de Compensation, said. During the first half of 2017, spending on cooking gas increased 70 percent year-on-year from $310 million to $525 million, while spending […]