EBRD

Azuri Technologies raises $26 million to expand solar kit business in Africa

UK-based Azuri Technologies said it has raised $26 million to expand its individual solar kit business to cater to African households. According to the company, Marubeni Corporation – a well-known Japanese conglomerate, which invests in renewable energy projects across Africa – contributed a significant amount of investment. IP group, a British technology-focused investment fund, and […]

Attack on Moroccan trucks in Mali highlights growing threat of terrorism-separatism nexus

Armed men loyal to a JNIM terrorist group targeted a convoy of Moroccan trucks carrying food supplies to Bamako near the Mauritania–Mali border, underscoring mounting insecurity in the Sahel and vindicating Morocco’s warning of the risks to regional stability posed by the coalition between terrorist and separatist groups in the region. The attack occurred along […]

Algeria loses bid to sway Spain on Sahara, renews friendship pact

Algeria has renewed its 2002 treaty of friendship and neighborliness with Spain, ending a prolonged diplomatic standoff that failed to secure any change in Madrid’s support for Morocco’s autonomy plan for Western Sahara. Spanish Foreign Minister José Manuel Albares announced the reactivation of the treaty this week following talks in Algiers with President Abdelmadjid Tebboune, […]