Audrey-Azoulay-

Mauritania-Senegal: Production of the “Grande Tortue Ahmeyim” gas field planned for early 2025

Mauritanian Minister of Energy and Petroleum, Mohamed Ould Khaled, has announced that the extraction operations from the joint gas field with Senegal, designated as the Grande Tortue Ahmeyim (GTA), are projected to start in early 2025. During his address at the inaugural Mauritanian-Senegalese Economic Forum in Dakar, which commenced earlier this week under the theme […]

Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 2017

Morocco’s foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank Al Maghrib said. The Bank said it maintains key interest rate at 2.33%, adding that the exchanges volume rose from 5.4 billion to 8.2 billion DH. The drop in Morocco’s […]

China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank

The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing of small and medium-sized enterprises (SMEs) across Africa. President of CDB, Mr. Tan Jiong, and President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, signed the […]