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IMF Chief Hails Morocco’s Economic Performance

Managing Director of the IMF, Christine Lagarde, has hailed the performance of the Moroccan economy and reaffirmed the support of the International Monetary Fund to the efforts made by the country to speed up reforms to promote a stronger and inclusive growth. The remarks were made at a meeting held in Washington with Moroccan economy […]

British Gas Company Gets 25 % Stake in Morocco’s Sidi Moktar project

British Sound Energy has bought 25 pc stake in the Sidi Moktar project, which comprises three onshore gas permits in Morocco. The UK independent company has inked the £3.57 million deal with Maghreb Petroleum Exploration after initially agreeing the deal last October. The Sidi Moktar licences cover 2,700 square kilometres in the Essaouira basin, central […]

Burkina Faso extends emergency measures for another year to fight terror

Burkina Faso announced an extension of the emergency measures for another year as the war against terrorist groups seems yet to be won. The measures include summoning people aged 18 to fight and entailed curbing freedoms and forming local defense groups. Terrorist activity worsened under-development in the poor country and pushed 2 million people out […]