Authorities in Eastern Libya announced on Monday, August 26, 2024, the closure of all oil fields and terminals and halted exports indefinitely amid a severe political crisis with the UN-recognized government in Tripoli. This move comes in response to Tripoli’s takeover of the Central Bank and the replacement of its governor, Al Siddik al Kabir, […]
French retailer Casino group has partnered with Moroccan H&S Invest Holding to open more than 210 convenience stores under the Franprix and Monoprix brands across Morocco over the next ten years. The partnership agreement was signed Monday in Rabat by Moncef Belkhayat, President of H&S Invest Holding, and Philippe Palazzi, CEO of Groupe Casino. The […]
Uganda has joined the Extractive Industries Transparency Initiative (EITI) in order to subject its oil industry to scrutiny and promote accountable management of revenues. Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy. According to Uganda’s Minister for Finance, […]
