maghreb

France’s AFD to inject €100m in wholesale market project in Egypt

France’s development agency AFD will pump €100 million into the establishment and management of a wholesale market in Egypt next year. The market will be built in Borg el-Arab; industrial city in the governorate of Alexandria, Arab Finance reports, quoting Minister of Supply Ali Al-Muselhi. A joint Egyptian-French company will be set up to manage […]

Senegal produces above target 16.9 mln barrels of oil in 2024

Senegal’s Sangomar offshore oil and gas field has produced 16.9 million barrels in 2024, surpassing its 11.7 million target, according to official figures. Sangomar field, about 100km south of Dakar, achieved its first oil production in June 2024 and is expected to pump at least 100,000 barrels daily. The project is a joint venture between […]

Spanish court summons Polisario’s Ghali on war crimes

Spanish judiciary summoned Polisario separatist chief Brahim Ghali on June 1 on a war crime case amid a row over his fate between Spain and Morocco.   Morocco made it clear that hosting Polisario leader under a false identity is a “premeditated act” that will have consequences.   Ghali refused to sign the summons saying […]