Protest against candidacy of Bouteflika for 5th term in Algeria

Libyan National Oil Corporation under pressure as Barter System ends

The Libyan National Oil Corporation (NOC) is facing growing pressure to settle its refined oil products import bills as the country’s long-standing barter system comes to an end. While fuel imports continued into Libya in March, the NOC remains unable to pay for these supplies, a situation compounded by the country’s declining oil revenues. The […]

Mali: Barrick Gold confirms suspension of operations in gold mine

Barrick Gold Corporation said that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali, where authorities have also seized the company’s existing gold stock from the site to a custodial bank. Malian authorities have seized an amount of gold estimated at $245 million in an escalation of their long-running dispute with […]

Morocco set to promote Sahara as hub for West Africa

The new development model for the southern provinces ushered by King Mohammed VI has geared investments in infrastructure that aim at making of the Sahara a hub for Sub-Saharan Africa. In total, $7 billion were allocated to the Marshall plan for the Southern provinces over the 2016 – 2023 period. The 683 projects planned for […]