Cobalt

Algeria’s Import Restrictions Doomed to Backfire

The slump in oil prices prompted the Algerian government to seek temporary measures to reduce the trade deficit. The most notorious among these were import restrictions that affected more than 800 products. Algeria’s protectionism has so far backfired producing counter-productive results in a country that failed to diversify its economy away from utter dependence on […]

Nigeria to attract $48bn oil investment – NNPC Boss

The Nigerian National Petroleum Corporation (NNPC) plans to attract $48.04 billion in oil and gas investments over the next seven years, Group MD, Maikanti Baru, said on Monday. Baru who was speaking during a session at the 2019 edition of the International Petroleum Week in London, called on investors from across the globe to take […]

New direct Casablanca-Saint Petersburg flights to be launched soon

Russian Foreign Minister Sergey Lavrov has announced his country’s intention to strengthen air connections between Casablanca and Saint Petersburg, with the goal of “boosting the tourism sector.” The announcement was made during a meeting held on Thursday, October 16, in Moscow with his Moroccan peer Nasser Bourita. The meeting provided an opportunity to discuss ways […]