L’Organisation Internationale de la Francophonie (OIF), also known as Francophonie, has postponed to next year its 18th summit, initially scheduled for December 2020 in Tunisia, over the covid-19 pandemic. “Due to the health crisis that has hit the entire world and the various uncertainties that stem from it, Tunisia proposed that the summit takes place […]
The UK upstream Morocco-focused Sound Energy inked a gas supply deal with Morocco’s ONEE, state-owned power company. Under this preliminary agreement, Sound Energy will commercialize the gas found in the Tendrara permit where it holds 47.5%, alongside Schlumberger, which has a 27.5% direct interest and the state’s hydrocarbons office ONHYM with 25%. The East Morocco […]
Economists warned Tunisia could plunge into an inflationary spiral if the central bank accepts direct financing of the state budget. Inflation was already at 8.1% in December and is expected to further raise and take a monetary character if the central bank accepts direct funding of the government. Tunisia’s president Kais Saied has asked for […]
