The International Finance Corporation (IFC), an offshoot of the World Bank, agreed to lend Morocco’s phosphates and fertilizers giant OCP 100 million euros to fund the building of four solar plants, the two parties said. The agreement was announced during the International Monetary Fund-World Bank Group Spring Meetings in Washington DC. The green loan will […]
Congo and Russia have signed five memorandum of Understanding (MoU) including the construction of an oil-pipeline in the capital Brazzaville. The agreements were inked at the end of both countries’ joint intergovernmental commission meeting in the Congolese capital. Deals span Information and communication technologies, health, research, technological innovation, culture and sports. Congo’s Minister of International […]
An agreement has been reached between Sonde Resources Corporation and the Joint Oil of Tunisia and Libya for the second phase of the exploration of the joint oil block in the Gulf of Gabes The agreement allows the company to defer the three exploratory well obligations into the second phase of the exploration period and […]
