Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%. African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said. Bank of Africa, previously known as […]
There is new hope for the oil industry in Congo as the recent onshore discovery made in the Delta de la Cuvette indicates that the deposits could produce up to 359 million barrels of oil, or 983,000 bopd, from this central province. Congo’s current production stands at over 330,000 bopd according to OPEC’s latest figures. […]
The Dominican Republic, through the voice of its President Luis Abinader, has expressed support for Morocco’s Sovereignty over its Sahara and announced its intention to open a consulate in Dakhla. President Luis Abinader asked Foreign Minister Nasser Bourita, who represented King Mohammed VI at the President’s inauguration ceremony, to convey to the Monarch “the Dominican […]
