Cameroon

OIC Summit, African countries underline strategic importance of African Atlantic Initiative launched by King Mohammed VI

The 15th Summit of the Organization of Islamic Cooperation (OIC), held in Banjul, capital of The Gambia, underlined the strategic importance of the “Atlantic African States” Initiative launched by King Mohammed VI. In its Final Communiqué, the 15th OIC Summit welcomed the “Atlantic African States” Initiative launched by Morocco’s King as a process towards an […]

Egypt: Parliament approves $500M financing deal with Abu Dhabi Exports Office to support wheat imports

The Egyptian House of Representatives officially approved on Dec.15 a key financing agreement between the Egyptian Government and the Abu Dhabi Exports Office (ADEX). This agreement aims to support Egypt’s wheat imports through the General Authority for Supply Commodities (GASC), ensuring a reliable supply of wheat for the country. The framework outlined in the agreement […]

Morocco: Investments in Oil & Gas Explorations Reach $2.8 bln

Investments in oil and gas explorations onshore and offshore Morocco since 2015 have totaled $2.8 billion (25 billion dirhams), 96% of which was paid by partners of the Moroccan hydrocarbons and mining office. Speaking at a meeting of the board of directors of the office, the Moroccan government chief said that the increasing oil and […]