Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]
The Arab Maghreb Union AMU issued on April 18 a detailed statement asking Algeria to pay its duties, while debunking the false arguments underlying Algeria’s hysterical reaction to the appointment of a Moroccan citizen as permanent representative of AMU to the African Union. The statement was issued five days after Algeria’s blunt statement in which […]
Morocco’s planning agency HCP said drought would ditch this year’s growth rate to 3% from an earlier estimate of 3.4%. The rate is almost similar to that of the IMF, which expected the economy to grow 3.1% this year. HCP expects the economy to recover to 3.4% in 2025, on the hypothesis of a close […]
