Tunisair

Egypt Gets $116 Mln Financial Support For Solar Projects

The European Bank for Reconstruction and Development (EBRD) and Proparco have contributed $58 million each for the construction and operation of two 50 MW solar photovoltaic power plants in Egypt. These plants are the first two projects to be financed under Egypt’s ambitious feed-in tariff scheme for renewable and will be part of the planned […]

Mali Rebels Deny Foreign Aid in Conflict with Government Forces

Recent clashes in northern Mali have thrust the country’s complex political landscape into the spotlight. The Tuareg rebel alliance claims to have inflicted significant losses on Mali’s army and Wagner mercenaries near the Algerian border, reportedly killing 84 Wagner personnel and 47 Malian soldiers. However, the rebel spokesperson firmly denies receiving any external assistance, including […]

UNCTAD says Africa investment still lagging despite global FDI rebound

Foreign investment in Africa remains under strain despite a rebound in global capital flows, the United Nations Conference on Trade and Development (UNCTAD) said last week, warning that weak project finance, high borrowing costs and geopolitical uncertainty continue to deter long-term investment on the continent. In its Global Investment Trends Monitor, published in January, UNCTAD […]