Chariot Oil & Gas Limited, an independent Africa focused oil and gas exploration company, has reinforced its petroleum partnership with Morocco through its recent acquisition two more blocks off the coast of the North African Kingdom. Under the exploration deal sealed with Morocco’s national oil company (Office National des Hydrocarbures et des Mines), Chariot gets […]
As it celebrates its 13th anniversary, the Moroccan human development initiative (INDH) has earmarked 37 billion dirhams to projects across the kingdom benefiting 10.4 million people. The initiative, spearheaded by King Mohammed VI, funded projects including 9359 revenue generating activities in an effort to enhance the living conditions of the poor and promote economic and […]
The Africa Finance Corporation (AFC) has approved a bridge loan facility of $170 million for the construction of the 44 MW Singrobo-Ahouaty hydropower projects in Côte d’Ivoire. The deal was concluded in mid-December, when a first disbursement was made for the project, in which the AFC has also invested equity. “As our first equity investment […]
