Gas exploration: British firm Chariot wins a new license for the Rissana offshore zone

The Rissana offshore zone, located in the immediate vicinity of that of Lixus, off Larache, where large gas reserves were discovered last January, has been awarded to the British company Chariot. The Africa focused transitional energy company Chariot announced this Monday February 28 that it has been formally awarded the Rissana Offshore Licence for gas […]

Ethiopia: Prime Minister’s term extended till end of pandemic

Ethiopian Prime Minister’s term has been extended until Covid-19 is no longer considered a crisis situation by the health authorities. The House of Federation, which represents the nine federated states, voted in favor of this solution despite much criticism from the political opposition as well as from jurists and human rights activists. Abiy Ahmed, who […]

Morocco spurs industrial investments worth $1.1 billion to cut trade deficit

Morocco launched 52 investment projects worth 1.1 billion dollars with a capacity to employ up to 12.583 people in a bid to narrow its budget deficit. The projects are designed to cover goods that Morocco imports and will cut by 820 million dollars Moroccan imports. Part of its industrial acceleration plan, the new projects will […]