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Burkina Faso and Niger have welcomed the adoption by the historic UN Security Council of Resolution 2797, which enshrines, within the framework of Moroccan sovereignty, the Morocco-proposed autonomy plan as a serious, credible, and lasting basis for achieving a solution to the Sahara issue. This welcome was expressed by the two countries’ Foreign Ministers, Karamoko […]
Maroc Telecom Acquires 61% of Burkina Faso’s Onatel
Morocco’s largest telecom operator “Maroc Telecom” completed the acquisition of a 10% stake in ONATEL on the Abidjan Regional Stock Exchange for €41 million, bringing its shareholding in the Burkina Faso subsidiary to 61%. This transaction, at a price of CFAF 8,000 per share, allows Maroc Telecom to strengthen its stake in the leading operator […]
Libya: US Treasury Slaps Sanctions on Oil Smugglers
The US Treasury has imposed new sanctions, including asset freeze, on several entities and individuals from Libya, Egypt and Malta believed involved in the smuggling of Libyan oil. The new sanctions from the Treasury’s Office of Foreign Assets Control (OFAC) have targeted six people, twenty-four companies and seven vessels. Assets belonging to targeted individuals and […]


