The African Development Bank has signed a $50 million risk participation agreement, APR, with investment and corporate bank Natixis. The 50/50 risk-sharing agreement covers a portfolio of commercial transactions totaling $100 million, which will support commercial operations worth $600 million in Africa over the next three years, said the African financial institution in a press […]
American Murphy Oil Corporation will carry out exploration drilling in Morocco’s Gharb Deep Offshore water bloc under an agreement signed lately with the National Office of Hydrocarbons and Mines (ONHYM). “We are excited about our entry into Morocco, which offers exposure to exploration in a frontier basin with attractive entry costs and competitive terms. This […]
Turkish airport operator, TAV, shut down Wednesday the international Enfidha Hammamet airport amid protests from the union of workers. The operator according to its communication chief Rim Dhamer, wrapped up activities after last flights, Webdo Tunis reports. Activities at the airport will resume after issues with the union of workers are sorted out, Dhamer said. […]
