Senegal electrification

Foreign Investors Continue to Dodge Algeria

Foreign investment in Algeria plummeted to $1.2 billion in 2017, a drop of 26 per cent compared to 2016, according to the UN Conference on Trade and Development (UNCTAD). The figures show Algeria’s perceived unfriendliness among foreign investors who are expecting genuine reforms that inspire confidence instead of superficial measures. In the Doing Business Index, […]

South Africa: Mining sector takes advantage of low-cost renewable energy

In South Africa, Mining Companies have opted for renewable energy and captive power supply from Independent Power Producers (IPPs) to secure power in the southern African nation, Absa Corporate and Investment Bank said. According to the Bank, South Africa is currently leading the region in renewable energy following the signing of agreements for 27 projects […]

Russia Poised to Take Advantage of Power Vacuum in Libya

Russia, which has vehemently opposed NATO intervention that overthrew the decades-long Libyan dictator Gaddafi, sees new opportunities in the power vacuum in Libya where it tacitly endorses the all-powerful Libyan General Khalifa Haftar. As part of a larger Russian strategy to bolster its presence in Libya, and through it in the Mediterranean, Haftar, who leads […]