afreximbank

Sound Energy Starts Commissioning Gas at Morocco Tendrara, Marking Entry of First gas in Gathering System

British Sound Energy Company has announced the start of the initial gas commissioning activities at Tendrara Production Concession, affirming that first gas has entered the gas gathering system (“GGS”) in preparation for long term gas production into the micro-LNG plant. Sound Energy retains a 20% equity interest in the Tendrara Production Concession operated by Mana […]

American DFC to open branch in Dakhla as African platform

The US International Development Finance Corporation (DFC) will open a branch in the city of Dakhla which will serve as a platform for all its operations towards the African continent. This initiative confirms Dakhla’s vocation as a link between North Africa and Sub-Saharan Africa and a major economic hub, as planned in the development model […]

UN report warns of conflict-induced famine or acute hunger in several African countries

Sudan, South Sudan, Mali, Palestine and Haiti are rated among the most vulnerable areas globally where hundreds of thousands of people face or near famine, according to the latest six-monthly report by the United Nations’ food agencies. The Hunger Hotspot report, released on Thursday (31 October), warned that conflicts, economic instability, and climate shocks — […]