Eight oil and gas exploration projects have been awarded by Egypt to several companies in a statement released from the ministry of petroleum. The decision followed the reception of 13 offers after an international call for tender concerning prospective acreage. Among the companies are British Petroleum (BP), International Egyptian Oil Company (IEOC), a subsidiary of […]
The coup in Niger has drawn strong condemnation from much of the international community, but most notably the United States and France, which have troops stationed there, as Niger’s putschists on Monday accused the former colonial ruler, France, of wanting to “intervene militarily” to reinstate the country’s deposed president. West African leaders on Sunday (30 […]
Morocco’s central bank, Bank Al Maghrib, said growth will reach 3.3% in 2018 and 3.5% in 2019, down from 4% last year. The bank kept its benchmark interest rate unchanged at 2.25%, as the financial conditions look stable since the launch of the gradual dirham float last January. Inflation was expected to reach 1.8% on […]
