Magriser

Kenya seeks $1.5 bln loan from the UAE, agencies

Kenya is seeking a financing of $1.5 billion from the UAE to bolster its public finances, Reuters and Bloomberg reported, citing sources. Kenya has sought to curb its widening fiscal deficit and growing debt servicing by tax hikes which triggered the most violent protests in the country’s history. A delay in reaching a financing deal […]

Offshore wind energy: World Bank eyes Africa, developing countries

The World Bank will soon launch a new program aimed at fast-tracking offshore wind energy in Africa and other developing countries, the Washington-based group said. According to Riccardo Puliti, senior director and head of energy and extractives at the World Bank, the International Finance Corporation (IFC) will join the group in helping emerging markets assess […]

Algeria’s news agency admits Morocco controls border crossing with Mauritania

Algeria’s state news agency APS has spent the last few days relaying fake-news claiming fictional Polisario victories and decisive responses to Morocco’s actions to reopening its border crossing with Mauritania. In a story, the APS admitted that now Morocco has built a security wall that extends to the Mauritanian border. Morocco has deployed its army […]