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West Africa struggles to raise funds on regional capital market — experts

The eight member countries of the West African Economic and Monetary Union (WAEMU) are struggling to raise funds on the regional capital market, as investors demand higher interest rates amid tightening liquidity, financial market sources said. WAEMU IS an organization of eight, mainly French-speaking, states within the Economic Community of West African States (ECOWAS) which […]

Algeria: After denying any desire to withdraw, TotalEnergies slips away secretly from Arzew project

TotalEnergies has abandoned the polypropylene plant project at Arzew, located on the Algerian coast, near Oran. However, no official announcement has been made by the French group. It was until May 18 that the British oil services company Petrofac revealed that STEP Polymers SPA (a 100% subsidiary of the Algerian state company Sonatrach) had awarded […]

Morocco Signs Agreement of Participation in International Stabilization Force in Gaza for Protection of Civilians

Morocco signed on Wednesday the participation agreement in the International Stabilization Force (ISF) in Gaza in a move enabling the Kingdom to deploy officers of the Royal Armed Forces & security staff and establish a military field hospital in support of the humanitarian and security efforts made for Gazans. The agreement was inked in Rabat […]