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Libya: NOC announces drilling of 5 new wells with a combined output capacity of 12,000 bpd
The National Oil Corporation (NOC) announced on Wednesday the successful drilling and restarting of five new wells since the start of October, with a combined production capacity of around 12,000 barrels per day (bpd). According to the NOC, Mellitah Company has restarted well “A-28” in the Abu Attifel oil field, a move aligned with the […]
Africa Day 2023: AU promotes AfCFTA, rejects great-power competition in Africa
The African Union (AU) used the celebrations of the 60th anniversary of ‘Africa Day’ this week to warn the continent not to become a “geo-strategic battleground” for global powers and also to promote the African Continental Free Trade Area (AfCFTA). Africa must not become a “geo-strategic battleground” for global powers, as it grapples with several […]
WB Confirms IMF Forecast: Morocco’s Growth to Reach 4.6 % in 2021
Morocco’s economic growth is expected to rebound to 4.6 pc in 2021 as drought conditions ease, policy remains accommodative, and virus and vaccine trends are favorable, says the World Bank in its latest report on global economic prospects. The updated WB projections, which are taking into account various external and internal factors, confirm the International […]



