First Independent Mena Newspaper
In Côte d’Ivoire, Banque Atlantique, a subsidiary of Morocco’s Banque Centrale Populaire Group, has provided a loan of 32.5 billion CFA francs to the Yamoussoukro road infrastructure rehabilitation project. The loan was attributed to FPO Africa, one of the leading local construction companies in Côte d’Ivoire as part of a public-private partnership (PPP) with the […]
Casablanca Finance City (CFC) and Barcelona Center Financer Europeu (BCFE) have sealed a cooperation agreement to enhance and tap investment opportunities between Spain, Morocco and Africa The deal lays the foundation for a sustainable cooperation that aims to promote investment opportunities between Spain, Morocco, Africa’s gateway. The Moroccan and Spanish financial centers pledge to set […]
The First Kofi Annan Peace and Security Forum was held in Accra, Ghana, this week with the participation of scores of high level delegates, including seven former African Heads of State, and Mohamed Ibn Chambas, Special Representative of the UN Secretary-General and Head of the UN Office for West Africa and Sahel (UNOWAS). The forum, […]
Morocco will donate $3.3 million to the priority investment program of the G5 Sahel joint force tasked with fighting terrorists and insurgents in West Africa. The announcement was made at a G5 meeting in Nouakchott by director for Maghreb and African Union at Morocco’s foreign ministry Abderrazak Laassel who underscored Morocco’s firm commitment to regional […]
The Ethiopian government has rejected outright Egypt’s proposal on the filling and operating of the $4 billion hydropower dam, the Great Ethiopian Renaissance Dam (GERD), being constructed by the Horn of Africa country on the Nile. Addressing a press conference in Ethiopia’s capital Addis Ababa Wednesday, Sileshi Bekele, minister for Water, Irrigation and Electricity described […]
The German development agency, Kreditanstalt für Wiederaufbau (KfW), has signed an agreement with Zambia related to the rehabilitation and extension of a hydroelectric power plant. The agreement reached between the Zambia Electricity Supply Corporation (Zesco) and KfW involves a $46 million loan for the rehabilitation and expansion of the Chishimba hydroelectric power plant in Kasama […]
Turkey will soon start training Uganda armed forces as both countries are about to sign six new cooperation agreements, covering several domains including military, justice and education. Turkish ambassador to Kampala Kerem Alp who made the announcement in an exclusive interview with Anadolu Agency said once the agreements are signed, Turkey would begin training Ugandan […]
The Commander of the US Africa Command, General Stephen Townsend, is undertaking this week his first multi-country regional visit to West Africa. On Tuesday, General Stephen Townsend met in Ouagadougou with President Roch Marc Christian Kaboré of Burkina Faso and several other Burkinabe and allied military leaders. Meetings focused on building a comprehensive understanding […]
The UN High Commissioner for Refugees (UNHCR) has called for international solidarity to allow the distribution of refugees stranded in Libya to other countries. Welcoming the agreement with the African Union and Rwanda to set up a refugee transit mechanism for evacuation of vulnerable refugees out of Libya, UN High Commissioner for Refugees Filippo Grandi […]
Senegalese foreign minister Amadou Ba has renewed his country’s backing to Morocco’s autonomy plan offered for the Sahara, affirming that this plan, recognized by the international community as serious and credible, is the only solution to this regional conflict. Speaking at a press briefing Monday in Rabat after meeting his Moroccan peer Nacer Bourita, […]