The IMF has approved a flexible credit line worth $4.5 billion to help Morocco cushion against external shocks. The two-year arrangement will be treated by Moroccan authorities as precautionary, the IMF said in a statement. “The Moroccan economy has shown a sustained track record of implementing very strong policies and remarkable resilience to recent shocks, […]
Libya’s National Oil Corporation has confirmed a significant oil discovery in the Ghadames Basin, approximately 450 kilometers southwest of Tripoli, marking a fresh milestone in the nation’s energy ambitions. The exploratory well, drilled under the oversight of the Arabian Gulf Oil Company, is estimated to produce 4,675 barrels of crude oil and two million cubic […]
Canadian Company, Steadright Critical Minerals, announced on Thursday that a MOU has been signed with the shareholders of NSM Capital, a Moroccan company, that controls 160 sq. km’s of contiguous mineral exploration licenses that contain highly prospective Titanium Dioxide (TiO2) which is classified as a Critical & Strategic Mineral in the U.S., Canada, Europe, and […]
