Industry takes lion’s share in Morocco’s government investment plan for 2023

The Moroccan government has approved 76.7 billion dirhams, or 7.67 billion dollars in investment projects, of which the industrial sector took the largest chunk. The government geared 53.6 billion dirhams to industry, that is 70% of the total investments planned this year, followed by desalination with 14% and renewable energies with 4%. In total 21 […]

Libya: Sharara oil field production rises to 85.000 bpd

Production in the Sharara oil field has increased to approximately 85,000 barrels per day (bpd) to support the Al-Zawiya oil refinery. The National Oil Corporation (NOC) had previously declared force majeure on the Sharara oil field after its shutdown on August 7. The NOC informed foreign partners and customers that this force majeure would not […]

Sahara: Benin Supports Political Solution & UN Efforts

Benin supports a political resolution to the Sahara issue and the exclusive role of the United Nations as a consensual framework seeking to reach a final settlement to this regional conflict. In a joint statement issued following the 6th meeting of the High Morocco-Benin Cooperation Committee convened Monday in Marrakech under the co-chairmanship of foreign […]