economy

DRC hopes to leverage SADC regional forces to push back M23 rebels

The government of the Democratic Republic of Congo (DRC) is reportedly hoping soldiers from the 10-nation Southern African Development Community (SADC) will help it regain ground from the M23 militia in the lawless east. Troops from the regional bloc SADC, including from South Africa, Tanzania and Malawi, have been discreetly arriving in DRC since the […]

Alliance of Sahel States members hail Moroccan King’s initiatives for Africa’s development

The foreign ministers of the Alliance of Sahel States (AES – Mali, Burkina Faso and Niger) have praised Morocco’s efforts, under the leadership of King Mohammed VI, to support Africa’s development. In remarks to the press Tuesday on the sidelines of the 4th United Nations International Conference on Financing for Development, held in Sevilla, the […]

Sound Energy Confirms ‘Significant’ Gas in Third Well in Eastern Morocco

Sound Energy confirmed significant gas potential upon completing the drilling of its third gas well TE8 in the Tendrara license area in eastern Morocco, the company said. The well, drilled to a target depth of 3,120 meters, showed that the proven hydrocarbon system in Algeria spreads into Morocco, the company said in a statement. Sound […]