Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the US company expecting to produce new oil by October, the oil minister said on Tuesday. According to Gabriel Obiang Lima, minister of hydrocarbons and mines, the government is excited to announce the discovery, “which could not have come at […]
By 2022, Morocco’s external debt stood at 423.6 billion dirhams ($41.2 bln) representing 31.8% of GDP, half of which was owed to multilateral development banks, according to finance ministry data. The International Bank for Reconstruction and Development, an offshoot of the World Bank, holds the lion’s share in Morocco’s external debt with 93.1 billion dirhams, […]
The renewal of the EU-Morocco farm and fisheries agreements will “strengthen further the very important strategic ties binding the two partners”, said, Thursday in Rabat, Elena Valenciano, member of the Foreign Affairs Committee at the European Parliament. “Morocco is a key country for the EU”, affirmed the MEP at a press briefing held after meeting […]
