Libya is drafting a law aimed at making its oil industry more attractive to foreign investors. Most of the investors left the North African country when the war got intense between Gadhafi’s army and the rebels. Libya has one of the largest oil reserves in the world but political tensions have made it a high […]
The UN refugee agency says about 8,000 people have fled from Cameroon into Nigeria in the past two weeks because of an upsurge in violence. According to the UN agency, the refugees had trekked through savannah and forests to reach Nigeria. Some arrived with gunshot wounds. Fighting between Anglophone separatists and security forces flared […]
The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. “Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets […]
