Africa adapts to economic headwinds amid tariffs, regional tensions

African economies are pivoting strategies in response to renewed U.S. tariffs, leadership transitions, and escalating regional conflicts, forcing a recalibration of trade relationships across the continent. The Trump administration’s tariff policies have particularly impacted countries that have historically benefited from the African Growth and Opportunity Act (AGOA), which provided preferential access to U.S. markets. Nations […]

Sound Energy enhances its presence & operations in Morocco

UK Sound Energy Company announced Tuesday the completion of its acquisition of Schlumberger Silk Route Services Limited (SSRS), which holds a 27.5% participating interest in the Anoual and Greater Tendrara exploration permits in Eastern Morocco. Thanks to this transaction, Sound Energy will control operated working interests of 75% in the exploration permits and in the […]

WB Loans Morocco $160 million to Spur Competitiveness, Green Growth

The World Bank has extended Morocco a $160 million loan designed to support reforms in Morocco’s business environment to spur competitiveness and boost growth and job creation in an increasingly competitive global economy. The First Economic Competitiveness Development Policy Loan approved this week by the World Bank will improve transparency and accountability in investment procedures […]