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Nigeria to build refinery with 100,000 liters per day capacity
Nigeria’s Gasoline Integrated International is planning to build a refining capacity of 100,000 liters per day and other petroleum products, for a total investment of 3 billion naira ($68 million), reports say. The project, according to Ogun State Governor Dapo Abiodun, is expected to produce 400,000 liters per day in the long run. The refinery […]
AMF supports Morocco’s public finance sector reform with a new $211 million loan
The Arab Monetary Fund has extended Morocco a new $211 million loan, within the framework of the Structural Adjustment Facility, to support a reform program in the public finance sector, the Arab financial institution announced in a statement released Friday. The loan agreement was signed on May 23 by Morocco’s Economy and Finance Minister Mohamed […]
Morocco’s King condemns terror attacks on Saudi oil storage facility
King Mohammed VI has strongly condemned “the despicable and repeated” attacks targeting the “vital and civilian facilities” in Saudi Arabia. In a message of solidarity sent to King Salman bin Abdulaziz Al Saud, the Moroccan Sovereign said “he has followed, with strong condemnation, the news of the despicable and repeated attacks which target vital and […]



