MOROCCO’S SOCIAL PROTECTION SPENDING TO REACH 39 BILLION DIRHAMS IN 2025

Morocco’s ambitious social protection program will require 39 billion dirhams in funding for 2025, rising to 41 billion dirhams in 2026, as the government expands universal healthcare and direct social assistance, Prime Minister Aziz Akhannouch announced Tuesday. Speaking before the Chamber of Counselors during a monthly plenary session on economic policy, Akhannouch detailed the government’s […]

Russian embassy re-opens in Burkina Faso after 32 years as France struggles to exert influence

After nearly 32 years without a diplomatic presence in Burkina Faso, Russia has announced the opening of its embassy in the capital Ouagadougou, in a move that marks a significant milestone in the relationship between both countries following an October deal to construct a nuclear power plant in the West African country. On Thursday, Russia […]

LNG traders hit with huge losses due to LNG plants disruptions in Nigeria, US and Australia

Nigeria’s liquified natural gas (LNG) facility at Bonny Island has seen production decline in recent months as a result of a shortage of natural gas supply due to rampant theft and sabotage of oil and gas pipelines. Also unplanned disruptions at LNG plants in the United States and Australia have wrong-footed traders, including BP and […]