Credit rating agency Moody’s maintained Morocco’s BA1 positive ranking, and noted that the country’s credit strengths reflect a structural shift towards higher value-added export industries and fiscal improvements, which could lead to stronger non-agricultural growth and a stabilization and gradual reduction in public sector debt. “Morocco is strategically positioned within global value chains in the […]
Algeria’s president had nothing but words to attack the transatlantic pipeline that will connect Nigeria to Morocco, benefiting 13 other West African states. Speaking at an interview with sycophant state-sponsored media, Tebboune said the trans-Saharian pipeline was an “economic project” that would connect Nigeria to Algeria to “serve Europe.” Tebboune made the comment amid worsening […]
French Total Energies said it plans to quit South Africa’s offshore gas fields to focus on more promising discoveries in Namibia, Bloomberg and Reuters reported. The company plans to give up its license for Block 11B/12B because it doubts whether the complex deep-water finds can be made commercially viable, given South Africa’s small gas market, […]
