Nigeria greenlights Seplat Energy’s buy of ExxonMobil’s Nigerian unit

Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]

Morocco’s central bank alerts to climate change impact on monetary policy

Central Bank governor Abdellatif Jouahri warned of the impact of climate change on monetary policy and said the bank was working with the government on a strategy on combating climate change and mitigating its impact.   Climate change “affects growth, employment and inflation, the main variables on which monetary policy decisions are based. Besides, climate-related […]

Re-branding the EU-South Mediterranean Relations: What Comprehensive FTAs?

In February 2012, the European Parliament approved proposals to reduce restrictions on agricultural and fisheries exports from Morocco into the EU, and to allow Morocco to participate in EU single market programs (on competitiveness and innovation, customs, transport). A few days later, on 1 March 2012, a free trade area (FTA) in industrial goods was […]