Automotive industry unseats phosphates again as Morocco’s top exporting sector

Sales abroad by all segments of the automotive sector gained traction in the first quarter this year becoming Morocco’s top exporting sector again ahead of phosphates’ sales which topped exports last year. Morocco is home to two large plants by Stellantis and Renault as well as an automotive ecosystem exporting wire harness and interior parts […]

Nigeria’s oil production hampered by theft

Nigeria is reinforcing security to tackle oil theft and the vandalism targeting its onshore pipeline and oil fields, but the issue is still far from being resolved. In April, Nigeria recruited 1,486 personnel to boost internal security operations in the country’s crude production heartland, according to local media sources. Nigeria is Africa’s largest oil producer […]

Angola, DRC close to settling 50-year oil block dispute to become joint holders

Angola and the neighboring Democratic Republic of the Congo (DRC) are reportedly inching towards a settlement of a 50-year dispute over one of their offshore oil blocks, which may also pave the way for the expansion of collaboration between the two countries in various sectors. If successful, the deal could help reduce tensions between the […]