Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]
The Moroccan government Council, held in Rabat this Thursday Jan.07, has decided to extend the state of health emergency, that was scheduled to expire on Sunday Jan. 10, until February 10, 2021. The Council adopted the draft decree extending the state of health emergency throughout the national territory from Sunday, Jan. 10 at 6 p.m. […]
Tullow Oil, a leading independent oil exploration and production company, aims to complete the construction of a $1 billion oil pipeline in Kenya by 2022. According to Tullow Oil Kenya Managing Director Martin Mbogo, the 821 km pipeline will transport around 80,000 barrels of oil per day from the Lokichar oilfields in Northern Kenya to […]
