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Morocco, a Gateway for Canadian Exports to Africa- Ambassador

Ottawa’s Ambassador to Rabat Nathalie Dubé said that the North African kingdom offers a platform and a gateway to Canadian investments and exports towards the rest of Africa. In a letter sent to the Moroccan chamber of commerce in Canada, Dubé praised diplomatic ties with Rabat and called on Canadian businessmen to grab the investment […]

Morocco dedicates $320 million to address water stress in dry regions

Morocco has earmarked 320 million dollars (3 bln dirhams) to address water shortage in drought-hit areas of Souss, Moulouya, Oum Errabia and Tensift, Water and Equipment Minister Nizar Baraka said. Speaking to MPs, the minister said Morocco has 148 large dams and 135 small ones that are not enough so far to cover the increasing […]

Uganda’s UNOC eyes China for funding to begin commercial oil production in 2025

Uganda and neighboring Tanzania are seeking investments of up to $20bn for a slew of new projects across the oil value chain, including to develop an export pipeline before 2025. The CEO of Uganda National Oil Company (UNOC), Proscovia Nabbanja, said that the state-owned oil company is pursuing several projects across the upstream, midstream and […]