morocco-jeux-de-la-francophonie

Algeria slashes spending by 50% due to drop in oil earnings & Coronavirus impact

The Algerian economic model, which is depending heavily on oil & gas revenues, is seemingly crumbling. The new financial realities have shown that its former decade’s high spending is no longer possible with the rapidly depleting state coffers and widening deficit. Hit hard by a sharp drop in oil prices on the international and the […]

Libya: Joint Military Commission (5+5) confirms ceasefire is still in place

At the conclusion of its meeting in Sirte on Sunday, the 5+5 Joint Military Commission reassured all Libyans of the ceasefire’s stability, referencing the agreement signed in October 2020 under UN auspices in Geneva. The Commission emphasized that “all Committees responsible for implementing and monitoring the agreement continue their work with dedication and sincerity.” The […]

Russian Companies Willing to Tap into Morocco’s Gas Projects

Russia’s Energy Minister Alexander Novak said Russian companies are interested in Morocco’s gas projects, notably the liquefied gas terminal in Jorf Lasfar and the Moroccan-Nigerian gas pipeline. “Our companies are interested in participating in those projects. We are ready to supply LNG, construct gas pipeline and terminal,” said the Minister in an interview with Russian […]