The European Bank for Reconstruction and Development (EBRD) announced Tuesday the allocation of €49 million in form of credit facility to finance water projects in favor of 6,800 farmers. The loan is intended for the modernization of water infrastructure and the development of a strategy in this area in oases in the south of the […]
Sudan and Ethiopia said they are determined to reach a deal over the giant hydropower Renaissance dam, which started to be filled by Addis Ababa. The dam has been at the heart of a rife disagreement between Addis Ababa, Khartum and Cairo as downstream countries fear the dam will cut water levels at a time […]
Algeria has already concluded four partnership agreements with French companies as the presidential visit goes on. The agreements cover areas like pharmaceutical, medical devices and food. Companies from the two countries will be going into joint ventures for the establishment of projects with investments rules fixed at 51%-49%, as stated in rules governing foreign investment […]
