The US State Department has highlighted the assets that make of Morocco a magnet for foreign investments, such as its positive macro-economic policies, trade liberalization, and structural reforms. “Morocco actively encourages and facilitates foreign investment, particularly in export sectors like manufacturing, through positive macro-economic policies, trade liberalization, investment incentives, and structural reforms,” said the US […]
Former French president Nicolas Sarkozy is facing a potential 10-year prison sentence as his trial over alleged corruption linked to his 2007 presidential campaign continues in Paris. Sarkozy is accused of striking a “corruption pact” with the late Libyan leader Muammar Gaddafi, who allegedly funded Sarkozy’s campaign in exchange for political favors. The prosecution argues […]
South Korea’s Samsung Heavy Industries (SHI) has signed a landmark $637 million deal to build a floating liquefied natural gas (FLNG) facility for a European client operating in Mozambique, reinforcing Africa’s rising profile in global energy markets. The state-of-the-art Coral Norte FLNG platform, to be constructed offshore, will liquefy, store, and export natural gas directly […]
