Africa Economic & Monetary Sovereignty

BP discovers new gas field in Egypt’s Nile Delta

British multinational oil and gas company, British Petroleum (BP) has announced the discovery of a new gas field in Egypt, in the Nile Delta. The new discovery is located at 16 meters water depth on a new formation-level near current Nidoco NW-1 exploratory well, in Abu Madi West concession, 4 km north from the Nooros […]

Mauritania speaks out officially against Polisario’s provocations in Guerguarat

Mauritania has for the first time officially reacted Wednesday to the Polisario’s provocative acts at Guerguarat crossing point as these acts obstruct the traffic of trucks carrying Moroccan produce to Mauritania and beyond to other African countries. The spokesperson for the Mauritanian government, Sidi Ould Salem, affirmed, at the end of the Council of Ministers […]

EU supports Morocco’s Covid-19 response with €169 Mln

The European Union announced on Wednesday a €169 million support package for Morocco to enable this country enhance further its medical response to the coronavirus pandemic and put in place measures to mitigate its socio-economic impact. EU Neighborhood commissioner Olivér Várhelyi said : “Today’s disbursement shows that the European Union stands by Morocco in its […]