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World Bank and Mauritania strengthens cooperation over digitization

On Monday September 9 in Nouakchott, Khaled Abidine Sidi, Secretary General of the Ministry of Digital Transformation and Modernization of Administration, met with a delegation from the World Bank Group led by Ousmane Diagana, the Bank’s Vice President for West and Central Africa. In his remarks, Sidi highlighted that the meeting centered on enhancing cooperation […]

Italy’s Enel Launches Green Bond to Fund Green Projects in Morocco

Italy’s Enel Green Power (EGP) said it launched a green bond totalling $1.2 billion to fund its green projects, notably the 850MW wind energy projects in Morocco, local media said. The Italian energy giant said in a statement that the green bond would help fund renewable energy projects covering the development, construction and repowering of […]

Nigeria enforces a yearly levy on expatriate employees

Nigeria has introduced a compulsory yearly levy for companies hiring foreign workers, charging $15,000 for directors and $10,000 for other employees. The aim is to prompt foreign companies to hire more Nigerians. Diplomatic mission staff and government officials are exempt. President Bola Tinubu has cautioned against misusing the levy to deter investors. He stressed the […]