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.
As the European Union and Morocco look to transition away from hydrocarbon dependence, they have convened their first forum to
Spain's energy policy has increasingly focused on fostering ties with the Maghreb region, comprising primarily of Morocco, Algeria,
Libya has taken Africa’s number 1 spot in the 2024 Information and Communication Technology (ICT) Development Index. Scoring 88.
According to Morocco’s Head of Government Aziz Akhannouch upwards of 1 million hectares has been set aside to implement
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