Egypt
Egypt to reinforce military forces along Gaza border
Egypt is preparing to reinforce its military presence along the Gaza border with tens of thousands of troops, tanks and
Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals used in smartphones and electric car batteries as collateral.
Akinwumi Adesina said such loans lead to undervaluing natural resources of African countries and further erode financial stability prospects.
The transition towards renewable energy and electric vehicles has triggered a surge in the need for essential minerals, which in turn is fueling the increase in such loans.
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Opinion
Morocco’s increasing economic foothold across Africa
From fertilizer to furniture, Morocco’s presence across the continent is rapidly expanding, driven by shared language and historical ties,
Algeria
Afreximbank’s PAPSS expands to Algeria
The Pan-African Payment and Settlement System (PAPSS), backed by Afreximbank, the African Union, and AfCFTA, has added Algeria as its
Morocco
Morocco, Canary Islands to Link via Subsea Fiber Optic Cable
A new submarine fiber optic cable will connect Morocco and Spain’s Canary Islands, boosting the archipelago’s role as
Egypt
Egypt to store more renewable power in new battery plants
Egypt has announced plans for two stand-alone battery storage plants with a combined capacity of 1,500 MWh to store