SONATRACH

IMF Approves $2.9 Billion for Morocco under PLL arrangements

The International Monetary Fund (IMF) has approved $2.9 billion for Morocco Under the Precautionary and Liquidity Line (PLL) that will provide insurance against external risks, support Moroccan efforts to reduce fiscal, external vulnerabilities and promote more inclusive growth. Despite a sharp pick up in global oil prices, Moroccan authorities have reduced fiscal and external vulnerabilities […]

US drone strikes ‘killed civilians’, AI says

The United States has used drones to kill civilians in Somalia, human rights watchdog Amnesty International said on Wednesday.   Amnesty says an 18-year-old woman and a 53-year-old banana farmer were killed in two separate drone strikes, one in the town of Jilib, the other in Kumbareere village. Three others were injured.   The US […]

Libya: Leon warns Benghazi groups of war crime charges

Escalating tensions in the eastern Libyan city of Benghazi and the heavy civilian casualties have caught the attention of UN Special envoy Bernardino Leon who condemned the hostilities and warned concerned parties to refrain from such actions because it could lead to war crime charges. Benghazi hosts the highest number of internally displaced Libyans thereby […]