Mauritania: Malaysian Petronas quitting business

Malaysian oil company Petronas has started pulling back and is about to end its operation in Mauritania due to sharp fall in revenues caused by the acute collapse of oil price. The company had notified Mauritanian authorities in February that it would stop its oil exploitation. The company has started disassembling its offshore oil platform […]

GNA Leader rules out any future negotiations with Haftar

Government of National Accord (GNA) leader Faiez Serraj Wednesday ruled out possibilities to sit down again at a negotiation table with his rival Khalifa Haftar that he accused of committing crimes against all Libyans. In an interview with Italy’s La Repubblica, published Wednesday, Serraj charged the east-based retired military General with bombing “indiscriminately Tripoli, residential […]

Morocco, a very promising market for investors in post COVID-19 era

Morocco, which has taken a set of measures to deal with the coronavirus pandemic, stands out as “a very promising market with huge opportunities” for investors in the post-Covid 19 era, outlined a recently released report by the Chamber of Commerce of the Valencia region. Unlike other countries in North Africa, which are directly dependent […]