Africa Headlines International Maghreb Morocco

Morocco reiterates call for reform of AU Peace & Security Council

Morocco called once again for a genuine reform of the African Union’s most powerful body, the Peace and Security Council (PSC), to be better placed to resolve the issues compromising African stability and hence its development. The call was made this time by Minister delegate in charge of African cooperation Mohcine Jazouli who was speaking […]

Africa Headlines International Maghreb Morocco

Africa: AU Peace & Security Council Meets in Morocco

The Peace and Security Council (PSC) of the African Union opened on Monday in the Moroccan coastal city of Skhirat (Rabat ouskirts) a three-day meeting to look into ways of improving its working methods for a better prevention, management and resolution of conflicts in the African continent.   In his opening address, acting chairman of […]

Africa Energy Headlines International

Rwanda: Dutch company Nots to invest $70m in solar factory

The Rwandan government signed an agreement with Nots under which the Dutch company will invest $70 million in a factory that will manufacture equipment for home solar kit suppliers. According to Rwanda’s Minister of Infrastructure Claver Gatete, there is an arrangement to purchase equipment for at least 100,000 households that will pay for them gradually […]

Africa Headlines International

Climate research: SASSCAL gets €10 million from Germany

The South Africa-based Scientific Service Centre for Climate Change and Adaptive Land Management (SASSCAL) has recently received €10 million in funding from Germany.   According to SASSCAL, the grant will be used to support research on the effects of climate change in southern African countries.   The funds will finance research and capacity building projects […]

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Morocco denounces inclusion of separatist flag in African Cup of Nations Website; Egypt & CAF apologize

Morocco denounced in the strongest terms the inclusion of the Polisario separatists flag in the website where the tickets of the African Cup of Nations in Egypt are sold. Spokesperson for the Moroccan government said such an act is categorically unacceptable and that Morocco’s presence within the African Union bodies shall in no way be […]

Africa Headlines International

Malawi: Protests spread after disputed election

Police and protestors clashed in three cities in Malawi on Thursday during countrywide demonstrations over the disputed result of last month’s presidential election. Malawian President Peter Mutharika has been narrowly re-elected for a second five-year term following a hotly-contested vote, according to the country’s electoral commission. Thousands of opposition supporters participated in the demonstrations in […]

Africa Energy Europe Headlines International

French Schneider to create an Africa-based mini-grid industry

France-based power company Schneider Electric has signed a Memorandum of Understanding with Nigeria-based EM-ONE Energy Solution to build an industrial platform and create an indigenous manufacturing supply chain across the continent. The agreement aims to support Schneider Electric in optimizing project structuring; supporting the development of an industrial platform and ensure licensed manufacturing, the company […]

Africa Headlines International

Economic summit: Namibia eyes $1 billion investments

Namibia, which is hosting a two-day economic summit July 31 to August 1, expects to attract at least $1 billion worth of investments over the next two years. The summit, themed “Economic Revival for Inclusive Growth—Strengthening the Namibian House”, is expected to play a role in reviving the Namibian economy, creating jobs and attracting investments. […]

Africa Headlines International

Fifteen COMESA countries establish road development funds

Fifteen out of 21 countries in the Common market for Eastern and Southern Africa, (COMESA) have established dedicated Road Funds and Road Development Agencies to undertake maintenance, and development of roads for both the regional and national road networks, COMESA said on its website.   The announcement was made on the sidelines of the 11th […]

Africa Europe Finance Headlines International Maghreb Morocco

British CDC invests $200 mln in BMCE Bank

CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]