The Portuguese company Galp Energia (Petróleos de Portugal e Gás) announced it has acquired a 50 percent stake in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco. The company acquired the shares under a farm-in agreement with the Australian company, Tangiers […]
Attijariwafa bank won the award of “Best bank in Morocco for the year 2022” during the “World Best Banks Awards” trophy ceremony organized by the prestigious American magazine Global Finance. The new distinction confirms the position of Attijariwafa bank as national leader in its field of activity. This award, the 9th won by the Moroccan […]
Zimbabwe’s state-owned power utility, ZESA Holdings, needs $14 million for monthly electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday. Zimbabwe is experiencing its worst power crisis in a decade, with households and industries being cut off for up to 16 hours daily. The power crisis has added […]
