Sonatrach oil tanker

Libya: Oil companies warn of production setbacks due to delayed budget allocations

The Arabian Gulf Oil Company (AGOCO), National Construction, and Al-Jawf companies have issued a stern warning regarding the adverse effects of delayed operational budget disbursements, describing this as a significant barrier to projects aimed at boosting production. The companies raised these concerns during the first session of the General Assembly of the National Oil Corporation […]

Sahara: South Sudan renews its supportive stand to Morocco’s territorial integrity

The new ambassador of South Sudan to Morocco Riek Puok Riek reaffirmed his country’s supportive stand to the Kingdom’s sovereignty over the Sahara and to its territorial integrity. Speaking to reporters following his meeting in Rabat with Moroccan Foreign Minister Nasser Bourita to whom he handed copies of his credentials, Reik said Juba backs fully […]

Sweden cuts African development funds, Norway boosts humanitarian support

Sweden and Norway have taken sharply different paths on aid to Africa, with Stockholm cutting aid while Oslo increases allocations for humanitarian support. On Dec. 8, Sweden announced it will phase out bilateral development assistance to five countries, including four in Africa: Zimbabwe, Tanzania, Mozambique and Liberia. The goal was to free up about 10 […]