refugies

Shell to Explore Oil & Gas offshore Mauritania

Shell will set up an office in Nouakchott to begin exploring hydrocarbons off shore the West African country. Under an agreement reached between the two parties, the oil and gas giant Shell shall begin exploration activities, starting with reprocessing and analysis of existing seismic data. “This move represents Shell’s entry into the West African Atlantic […]

Libya launches multiple million dollar-fund to rebuild Benghazi, Derna

Libya Thursday announced the creation of a fund worth around $335 million for the reconstruction of Benghazi and Derna, two cities ravaged by years of internal conflicts. A statement by the Government of National Unity (GNU), indicated that the fund will be housed in Benghazi, the country’s second city, and is created to reconstruct the […]

Morocco’s investment fund partners with IFC to boost sustainable infrastructure

Morocco’s Mohammed VI Investment Fund and the International Finance Corporation (IFC), a member of the World Bank Group, signed a partnership agreement on Tuesday to identify and finance sustainable infrastructure projects in the North African country. The agreement aims to support high-impact infrastructure projects in strategic sectors such as renewable energy, water, transport and logistics, […]