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UN raises $630mil, short of target $1bn, to tackle Ethiopia’s dire humanitarian crisis

A United Nations-led donor event held in its headquarters in Geneva on Tuesday (16 April) managed to secure financial pledges only for about two-thirds of the $1 billion it was seeking to raise to assist millions of Ethiopians affected by conflict, drought and floods. The donor conference raised about $630 million, thus falling short of […]

Ukraine seeks an FTA with Morocco

Ukraine plans to start negotiations for free trade agreements with North African countries including Morocco, Ukraine’s deputy minister for economic development Taras Kachka said. The news was relayed by Ukrainian media which reported that visits will take place this month. “We plan to make this official in December through official statements or MoU starting with […]

Mega hydropower project in Central Africa aims to transform continental energy supply

The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]