Ports of Tanger Med & Hamburg agree to share experiences for better services

The managers of the ports of Tanger-Med (Morocco) and Hamburg (Germany) have agreed to share experiences in ports & vessels operations, digitalization, traffic management, ports cyber security, IT data exchange and Innovation. A cooperation agreement was signed remotely lately by Jens Meier, CEO of Hamburg Port Authority and Mehdi Tazi Riffi, managing director of Tanger […]

Sound Energy receives financing from Attijariwafa Bank for gas field project in Morocco

Sound Energy PLC on Wednesday said that Casablanca-based Attijariwafa offered to finance the second phase of its development of the Tendrara production concession in Morocco. The London-based Morocco-focused upstream gas company said Attijariwafa offered up to around $237 million, subject to conditions being met before the end of September. The funding includes a 12-year term […]

France adopts bill ratifying the end of CFA franc

The French Council of Ministers adopted Wednesday the bill ratifying the end of the CFA franc. This text formally validates the transformation of the West African currency, which will change its name to eco. It is a new step after the announcement made on December 21 by Presidents Emmanuel Macron of France and Alassane Ouattara […]