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Algeria: new oil discovery
The first phase of the drilling campaign of Hassi Bir Rekaiz perimeter, carried out by the National hydrocarbon company Sonatrach in partnership with Thai company PTTEP and Chinese CNOOC, resulted in oil discovery in three wells, in a statement released by Sonatrach. Nine wells were drilled by the three companies at the Hassi Bir Rekaiz […]
Morocco enacts long-awaited strike law
After more than sixty years of constitutional ambiguity, Morocco has finally adopted a legal framework regulating the right to strike. The organic law, published in the Official Bulletin on March 24, 2025, will take effect next week, according to L’Economiste. Although the Constitution guaranteed this right as early as 1962, no application text existed until […]
France-Africa: Société Générale pulls out of four African countries
Paris-based multinational financial services company, Société Générale, also known as SocGen, has withdrawn from four African countries, namely Chad, Congo, Equatorial Guinea, and Mauritania. The company announced this Thursday that it has signed agreements with two pan-African banking groups for the sale of its subsidiaries in the four African countries. The company has not disclosed […]



