World Bank issues new guidance on African inflation challenges

African economies face an urgent need for coordinated responses to inflation threats that could destabilize social equilibrium, according to the World Bank’s latest Africa’s Pulse report. While the continent’s median inflation rate decreased from 9.8% in 2022 to 4.2% in January 2025, significant disparities persist. The interquartile range of inflation rates has widened from 6% […]

Sound Energy Receives Approval to Expand Sidi Mokhtar Onshore Licenses

Sound Energy PLC has won regulatory approval from Moroccan authorities to take control of 75% interest in the Sidi Mokhtar onshore licenses. Sound Energy, the African and European focused upstream gas company, said in a statement that the deal consists of three onshore gas permits (the “Sidi Moktar Licenses”) covering 2,700 square kilometres in the […]

Morocco Joins Arab Space Coordination Group

Morocco has joined the newly set up Arab group for cooperation in space and satellite technology and industry. The group also includes the United Arab Emirates, Egypt, Saudi Arabia, Bahrain, Jordan, Kuwait, Lebanon, Algeria, Oman and Sudan. The announcement of the birth of the new Arab body was made this week in Abu Dhabi at […]