marrakech

Libya: Saadi Gaddafi set free from prison

Saadi Gaddafi, son of former Libyan leader Muammar Gaddafi has been freed from prison upon decision of the country’s Chief Prosecutor’s Office and the approval of Prime Minister Abdul Hamid Dbeibeh, reports say. Saadi has reportedly flew to Turkey. The 48-year-old man was arrested following his extradition in 2014 from Niger where he fled to […]

Angola: ANPG and Sonangol search for oil in onshore blocks

The National Petroleum, Gas and Biofuels Agency (ANPG) and Sonangol Exploração e Produção are set to enhance their exploration efforts in the Kwanza Basin’s onshore blocks, by employing specialized services to detect oil and other hydrocarbons. In a press release issued on August 28, the ANPG announced that the project is scheduled to commence in […]

Fitch Ratings underscores Morocco’s macroeconomic stability, external liquidity buffers

Despite the coronavirus crisis impact, Morocco maintains macroeconomic stability, low inflation and a relatively comfortable level of foreign exchange reserves that act as external liquidity buffers, Fitch Ratings said. The agency affirmed Morocco’s long-term foreign-currency issuer default rating at ‘BB+’ with a Stable Outlook. Fitch Ratings however expects the government’s budget deficit to stand at […]