Moroccan company Somagec has signed a preliminary deal to build a power link between Angola and the Democratic Republic of Congo (DRC), for $1.3 billion. The project will bolster the integration of the region’s energy market, in an area where access to electricity is still low. The high-voltage transmission lines will also enable Angola to […]
The IMF expects Morocco’s economy to grow 6.3%, the highest rates among its MENA peers, as the country continues its fiscal and monetary stimulus. Morocco’s economic performance is also credited thanks to its “successful vaccination campaign” which enabled the country to contain the pandemic and allow the economy to rebound, the IMF said after its […]
Nigerian president Bola Tinubu said Africa’s regional bodies should set up military forces to fend off terrorism and military coups. Speaking at a recent event in Abuja dubbed the State of Democracy in Africa, Tinubu said that empowering regional blocs to have their own stand by forces would thwart military coups and act as a […]
