Africa Headlines International Morocco

Assistant UN SG Hails Morocco’s Contribution for Integration of Landlocked Countries

The UN High-Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, Ms. Fekitamoeloa ‘Utoikamanu has praised Morocco’s contribution for the integration of landlocked African countries into regional trade. Speaking in Marrakech at the mid-term review meeting of the African Region of the Vienna Program of Action for Landlocked Developing Countries for […]

Africa Energy Headlines International Morocco

Morocco-based Themis to develop 550MW natural gas-fired power plant in Nigeria

Private Equity-backed Themis, an Africa-focussed power company based in Morocco, has announced a new partnership with Kingline Development Nigeria Limited (Kingline) to develop a 550MW natural gas-fired power plant in Ondo State, Nigeria. At a project cost of approximately $600 million, the plant is set to become one of the world’s lowest cost natural gas-fired […]

Africa Headlines International Morocco

Morocco urges an end to useless debates on Sahara issue within African Union

Morocco reiterated its calls for freeing the African Union of the useless debates that are disconnected from the reality in the Sahara. Speaking at a joint press conference Tuesday in Rabat with Rwandan Foreign Minister Richard Sezibera, Moroccan Foreign Minister Nasser Bourita said the African Union should be cleaned of debates on the Sahara issue […]

Africa Asia Business Headlines International Morocco

India-Africa Partnership: Morocco Takes Part in 14th Conclave of New Delhi

A Moroccan delegation, led by minister of Industry, Investment, Trade and Digital Economy, Moulay Hafid Elalamy, is taking part in the 14th Conclave on India-Africa Project Partnership, which opened Sunday in New Delhi with the participation of delegates from more than 37 African countries. The three-day event, organized by the Confederation of Indian Industry (CII) […]

Africa Americas Headlines International

USA to grant Angola $2million to combat money laundering

The United States will grant Angola around two million dollars in ongoing assistance for combating money laundering and terrorist financing, the US Deputy Secretary of State has announced. John Sullivan made the announcement in Luanda Monday at a joint press conference with Angolan Foreign Minister Manuel Augusto at the end of a meeting of the […]

Africa Energy Headlines International

Kenyan telecoms giant Safaricom eyes electricity sales

Kenyan Telecommunications giant Safaricom is eyeing the electricity market following the enactment of a law that opened up power retail market to individuals and private companies. Earlier this month, Kenya has overhauled the regulatory framework of the energy and petroleum sectors with the enactment of two laws that put emphasis on increasing electricity connectivity. With […]

Africa Energy International

South Africa to consider nuclear power expansion – Minister

South Africa’s Energy Minister Jeff Radebe has highlighted the importance to consider all energy sources available in the country’s future energy plans. Addressing the BBQ Awards in Johannesburg, Radebe stressed the need for the country to consider nuclear as a clean energy source that can be part of its electricity generation mix. He said South […]

Africa Energy Headlines International

South Africa: Chairman of Central Energy Fund Sacked

The director and chairperson of South Africa’s Central Energy Fund board has been dismissed, the minister of energy, Jeff Radebe said in a statement. The Central Energy Fund (CEF) manages defined energy interests on behalf of the government, including the development of the country’s oil and gas assets. The board of the CEF also oversees […]

Africa Energy Headlines International

Ghana holds investment forum at Africa Climate Week

The Government of Ghana and the United Nations Development Program (UNDP) will host an Investment Forum to discuss ways to crowd-in private sector investment for clean energy projects in Ghana that are financially viable. The forum will be a platform to discuss and showcase proven climate solutions and investment-ready climate action projects to attract support […]

Africa Asia Finance Headlines International

Sudan inks deals for $300 million with Arab funds

Sudanese government has signed deals for loans worth $300 million with regional Arab funds last weekend. The loans would help authorities in Khartoum to cope with the country’s economic crisis and nearly three months of street protests. According to the finance ministry, a $230 million loan deal was signed with the Abu Dhabi-based Arab Monetary […]