King Mohammed VI africa

Oil Supply to Continue to Outstrip Demand in First Half of 2017- IEA Says

The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]

French-Moroccan consortium to manage Morocco’s high-speed rail expansion

A French-Moroccan consortium comprising Aegis (main contractor), Systra, and Novick has secured a contract to provide project management assistance to Morocco’s National Railway Office (ONCF) for the high-speed rail infrastructure between Kenitra and Marrakech. The consortium will support ONCF in constructing 430 kilometers of new high-speed lines, quadruple 130 kilometers of conventional lines around Casablanca, […]

Libya : German legend supports CAN 2017 in Libya

A groundbreaking ceremony was held in Tripoli for a new national football stadium at the western edge of Libya’s capital city as part of preparations geared towards hosting the 2017 Africa Cup of Nations. The ceremony was attended by Prime Minister Ali Zeidan who laid the foundation stone and 68-year-old German football legend Franz Beckenbauer […]