oil

Morocco’s Economy to Grow 3.6% in 2018- Central Bank

Morocco’s economy is expected to post a growth rate of 3.6% in 2018, the Central Bank said, revising upwards estimates of 3.2% in the appropriation bill. This growth is due to a rebound in agricultural added value by 5.7% as the country expects a good crop year with cereal production projected to stand at 98.2 […]

West African leaders pledge to mobilize $1bn to tackle terrorism

Leaders of the Western African regional grouping ECOWAS have pledged to club together $1 billion as urgent fund to address terrorism in the region. The pledge came Sunday during the 62nd summit of heads of state of the bloc in Abuja, Nigeria. A communique of the summit read Tuesday indicated that the leaders expressed their […]

Angola, DRC close to settling 50-year oil block dispute to become joint holders

Angola and the neighboring Democratic Republic of the Congo (DRC) are reportedly inching towards a settlement of a 50-year dispute over one of their offshore oil blocks, which may also pave the way for the expansion of collaboration between the two countries in various sectors. If successful, the deal could help reduce tensions between the […]