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Morocco-Nigeria Gas Pipeline: Penspen Chosen to Conduct Front-End Engineering Study

Morocco’s state-owned Company “Office National des Hydrocarbures & des Mines (ONHYM) and Nigerian National Petroleum Corporation (NNPC) have chosen Penspen to carry out the 1st phase of the FEED (Front-End Engineering) of the gas pipeline project to run from Nigeria upto Morocco. The FEED first Phase consists of a detailed review of the feasibility study […]

East Africa’s weakening currencies don’t improve trade balances, defying economic theories

The depreciation of all domestic currencies in the East African region over the past year has not led — in a defiance of conventional economic theory and expectations of regional economists — to the improvement in trade balances, putting more pressure on foreign exchange rates. The depreciation of a country’s currency is supposed to make […]

Sahara: Time has come for Nairobi to give Algiers the boot

Sensing an incoming shift in Kenya’s standing on Moroccan Sahara, Algeria’s Foreign Minister Ahmed Attaf travelled on Monday to Nairobi in a bid to beg President William Ruto not to change course and support Morocco’s territorial integrity.   According to press reports, the Algerian desperate move comes amidst news that President Ruto is preparing his […]