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Africa’s downstream oil industry attracts $30bn investment
The African oil industry has attracted over $30-billion investment in logistics, distribution, storage terminals, import facilities and retail marketing in recent years. The information was disclosed during the fourteenth annual conference of the African Refiners and Distributors Association (ARA), held in Cape Town over the weekend. According to reports from the ARA conference, new prospecting, […]
Nigeria enacts curfew after multiple suicide bombings killed or injured dozens
The Nigerian military imposed a curfew in Borno state after suspected female suicide bombers targeted a wedding, a funeral and a hospital in the restive Borno region, killing at least 18 and injured 30 others. Coordinated suicide attacks reportedly orchestrated by Boko Haram claimed the lives of at least 18 people, injuring 42, targeting selected […]
Morocco’s Central Bank Teams up with IFC to Enhance Credit Reporting
Bank Al-Maghrib, Morocco’s Central Bank, and the International Finance Corporation, member of the World Bank group, held Thursday an international conference on Public Credit Registry best practice, focusing on how credit reporting data can support regulators’ institutional functions and help ensure financial stability. The joint work is part of a wider project aiming to strengthen […]



