Africa development Bank

Sahara: UNSG highlights Spain’s support for Autonomy Plan; commends Morocco’s cooperation with MINURSO

The UN Secretary General Antonio Guterres has highlighted in his latest report to the Security Council on the Sahara issue, Spain’s position that “considers the autonomy plan presented by Morocco in 2007 to be the most serious, credible and realistic basis for resolving” the dispute. In his report, Guterres mentions the letter addressed on March […]

Morocco, China Take Action to Step up Strategic Partnership

Morocco and China convened to bolster their strategic partnership through lending support to the “Belt and Road Initiative”. The announcement was made in Beijing during a meeting between visiting Moroccan Foreign Minister Nasser Bourita and State Councilor Yang Jiechi. During their talks, Yang, a member of the Political Bureau of the Central Committee of the […]

Egypt Inks $1 bln Oil & Gas Deal with Shell, Petronas

The government of Egypt last weekend signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia’s Petronas worth around $1 billion for eight wells, a statement said. The government in a separate deal of $10 million with Rockhopper, Kuwait Energy and Canada’s Dover Corporation, agreed on the exploration of the Western […]