Ministerio_de_Relaciones_Exteriores_de_Colombia

Algeria isolated as Arab league members push for condemnation of Iran

Algeria, the host of the Arab League summit to take place on Nov 2, has to brace for an Arab League resolution condemning Iran’s destabilizing acts in the east and the west of the Arab world.   A motion in this regard was put forward by Moroccan foreign minister Nasser Bourita who proposed the inclusion […]

Exxon Mobil Taps into Mauritania’s Offshore Oil & Gas

Exxon Mobil and Mauritanian authorities have signed three production-sharing contracts for three deep-water exploration blocks. “These blocks further enhance ExxonMobil’s leading global deep-water acreage position,” said Steve Greenlee, president of ExxonMobil Exploration Company in a statement. “We thank the government of Mauritania for the opportunity to evaluate the potential of this acreage using our expertise […]

Africa’s growing fintech sector transforms fin-services, but funding costs are obstacle — EIB report

The number of fintech companies in Africa have almost tripled this year compared with 2020 as financial conditions across the continent ease, though funding costs are still an obstacle to further growth, according to a new report by the European Investment Bank (EIB). This progress is thanks to the improving access to finance for people […]