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Morocco’s economic growth to pick up to 4.6% in 2021- HCP says

Morocco’s economic growth is expected to pick up to 4.6% in 2021 after a 7% loss in 2020 due to the coronavirus pandemic which hit both exports and local market, the Moroccan high commission for planning, HCP, said. Citing a severe drought and the coronavirus pandemic impact, the HCP said that the economy is expected […]

KSA, Libya to lend Tunisia $1bn to surf economic hardship

Saudi Arabia and Libya will provide Tunisia a loan of $500 million each attached with affordable interests to help the North African country to overcome economic woes amid the ongoing political crisis. The news was revealed by Tunisie Numerique, which cited a source knowledgeable of the matter but who asked not be named because not […]

DRC, Uganda in talks over use of crude oil pipeline

Talks are ongoing between the Democratic Republic of Congo (DRC) and Uganda about possible use of the east African country’s planned controversial pipeline for transporting Uganda’s crude to foreign markets when it begins production in 2025. Uganda is developing the $3.5 billion 1,445-kilometer East African Crude Oil Pipeline (EACOP) that will start from oil fields […]