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North Africa

Morocco: Solar Panels Make Morocco’s Mosques a Model for Green Energy

solar

Revving engines and hooting horns – sounds from Marrakesh’s busy street filter up to the rooftop of one of the Moroccan city’s biggest mosques. The mosaic-decorated, stone minaret of the Koutoubia Mosque, towers above the flat roof, providing little shelter from the strong sun that beats down onto a row of giant solar panels. That is precisely what Jan-Christoph Kuntze ...

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Tunisia: Renewable, Sustainable Energy – Tunisia, Cameroon Seek Partnership

energy

The government of Cameroon is expected to sign a partnership with Tunisia through the Borj Cedria Ecopark in the coming days. The Minister of Water Resources, Basile Atangana Kouna and the Tunisian Ambassador to Cameroon, Jalel Snoussi are in negotiations. The latter paid a courtesy call to the Minister on Friday February 17, 2017 with Kamel Touati, Adviser for Foreign ...

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Business leaders call for inter-trade policies across Africa

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In a bid to enhance and increase Ghana’s trade partners and extend the country’s export market, key players in international trading have called for policies that would enhance trading activities in Africa. The call was made at the launch of the Enterprise Africa Summit. Head of Business Development and Partnerships for British Council Ghana, Sydney Hushie who spoke to Citi ...

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Egypt’s Unemployment Rate Eases Slightly to 12.4 Per Cent – Capmas

unemployment

Egypt’s unemployment rate eased slightly in the fourth quarter of 2016 to 12.4 per cent from 12.6 per cent in the third quarter, state statistics agency said on Wednesday. The unemployment rate also declined from the 12.8 per cent recorded in the same period of 2015. According to a statement by the Central Agency for Public Mobilization and Statistics (CAPMAS), ...

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Ethiopian is 11th best airline in the world that keeps to time

Ethiopian Airlines another

Africa’s largest airline group, Ethiopian Airlines, has been ranked  the 11th airline company in the world to have been on time for its flights in the month of January 2017. This is according to FlightStats, the leading provider of real-time global flight data to companies and individuals across the travel ecosystem. Of the almost 8,000 flights operated by the airline ...

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Egypt’s Finance Minister Says Inflation Yet to Reach Its Peak

inflation

Egypt’s finance minister Amr al-Garhy said inflation is expected to continue rising, reaching its peak sometime in the first quarter of the year, as a result of supply shocks following the pound flotation and the increase in fuel prices. Egypt’s official statistics agency said on Saturday that the annual urban consumer price inflation jumped to 28.1 per cent in Jan. ...

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Egypt’s Economic Transition Could Be ‘Coming to a Close’, IMF’s Lagarde Says

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Egypt is making good progress in its economic reform program and the recent developments might be an indicator that the transition is coming to a close, IMF Managing Director Christine Lagarde said on Monday. The IMF executive board approved in November a three-year $12 billion loan to Egypt to support its economic reform programme. The deal involved tough measures including ...

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Sudan: Foreign Minister Meets Egyptian Bankers and Insurance Companies

egypt

Foreign Minister, Prof. Ibrahim Ghandour met, Tuesday, a delegation representing Egyptian bankers and insurance companies currently on a visit to the country. The delegation has congratulated the minister on the occasion of lifting the US sanctions imposed on Sudan, affirming readiness over supporting Sudan during the coming period. Prof. Ghandour, on his part, has affirmed the firmness of the relations ...

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Egypt’s Strategic Wheat Reserves Sufficient for Four Months – Ministry

egypt

Egypt’s strategic wheat reserves are sufficient for the coming four months, the supply minister said on Thursday. In a statement, Minister Mohamed Ali Meselhy said that efforts are underway to diversify the sources of imported wheat to attract more offers at Egypt’s international wheat supply tenders. Egypt is the world’s largest wheat importer. In January, Egypt’s trade ministry said it ...

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Eni CEO Claudio Descalzi charged with international corruption

Eni CEO Claudio Descalzi

Italian prosecutors have reportedly charged Eni and its CEO Claudio Descalzi with international corruption over the controversial acquisition of an offshore block in Nigeria in 2011. Apart from Descalzi, the charge reportedly extends to the former CEO Paolo Scaroni and nine other people involved in the $1.3 bilion deal. Scaroni served as the Chief Executive Officer of Eni from June ...

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