balfour

Nigeria Agenda 2050: changing playing field of resource sector

The past few days have been full of news for Nigeria’s resources sector: It was announced that Nigeria Agenda 2050 requires approximately $100 billion, with 80% expected from the private sector; Shell is set to divest its Nigerian onshore oil and gas subsidiary for $1.3 billion; and the West African country will see the launch […]

WHO warns of accelerated COVID-19 outbreak in Africa

Africa, which has been spared the mass outbreak seen in China, Europe and elsewhere, is now facing the real risk of the virus spreading rapidly beyond capital cities underscoring the risk of weak health infrastructure. As the virus spreads to Africa’s rural areas, “a lack of tests and other supplies was hampering responses,” said WHO’s […]

Thomas Cook collapse: Moroccan hotels to lose over $20 million

The collapse of British airline Thomas Cook will cost Moroccan hotels over $20 million (200 million dirhams) in due payments, said Morocco’s tourism operators. The local media is also speaking of a loss of 100,000 annually. Last year Thomas Cook carried 102,000 tourists mainly from Britain to the cities of Agadir and Marrakech. The tourism […]