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.
The Tunisian government has decided to withdraw individuals and non-governmental organizations (NGOs) with observer status before the African Commission on
The World Bank Group has approved the financing for Mauritania’s first large-scale battery energy storage facility, known as the
Mauritania’s Foreign Minister, Mohamed Salem Ould Merzoug, has hailed relations with Morocco as being at their strongest in recent
Tunisian President Kais Saied has urged the International Organization for Migration to accelerate efforts to facilitate voluntary returns for irregular
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