Rabat is dispatching a new ambassador to Pretoria, South Africa as King Mohamed VI announced the North Africa country’s return to the Africa Union (AU). Morocco recalled its envoy in 2004 after Pretoria officially recognized Saharawi Arab Democratic Republic (SADR). The South African government led by the African National Congress (ANC) is a staunch ally […]
the European Investment Bank (EIB) will extend the Mohammed VI Fund for Investment (FM6I) a new financing package worth €500 million. The Mohammed VI Fund for Investment (FM6I) and the European Investment Bank (EIB) have signed a mandate letter covering a financing package of 500 million euros for the Fund. The financing-related mandate letter, signed […]
Morocco is on track to becoming a player in the gas market following the successful drilling of the Tendrara wells, east of the country, which are expected to be pumping gas by 2019, said Interfaxenergy.com, a news outlet specialising in gas market. The same source said that the UK-based explorer Sound Energy sees promising prospects […]
