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Egypt Gets $87 million from OPIC to support Ras Gharib wind farm project
The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), has approved an $87 million loan to Lekela Egypt Wind Power BOO. According to local media, Lekela Egypt Wind Power BOO, a subsidiary of Lekela Power, an independent power producer (IPP) based in Amsterdam, Netherlands, will use the loan to develop the Ras […]
Libya: GNA’s Rival HoR Mired in Corruption Scandal
Libya’s internationally recognized parliament, the House of Representatives (HoR), opposed to UN-backed Government of National Accord (GNA) has found itself gripped by a corruption scandal for mismanagement of the institution’s funds. HoR’s President Ageela Saleh is not spared by the accusations which follow a report by an auditor, reported the Libya Herald. A number of […]
Is Uganda’s Museveni preparing his son for succession?
Ugandan president Yoweri Museveni promoted his 49-year-old son to top commander of the army, in a move that signals he is preparing him to succession. Museveni’s son, Gen. Muhoozi Kainerugaba, has been touring the country to “spread patriotism” among Ugandans, in a clear violation of a law that bans serving army officers from partaking in […]



