Moroccan HCP

Morocco, Mauritania launch roadmap to bolster cooperation in road & port infrastructure

Morocco’s Minister of Equipment and Water, Nizar Baraka, and his Mauritanian peer, Mohamed Aly Ould Sidi Mohamed, launched at a meeting held, in Rabat on Tuesday, a roadmap for strengthening bilateral cooperation in infrastructure and ports. The meeting examined the means to launch structuring projects which will have a positive impact in Mauritania, in particular […]

Algeria: Sonatrach reveals $90 billion investment, Shale gas production set for 2022

Chief Executive Officer of state-owned Sonatrach, Said Sahnoun, asserted that their five-year investment plan will go ahead despite plummeting oil prices. Addressing the ninth North Africa Oil & Gas Summit held in Algiers, he also said that the exploitation of shale oil for production is scheduled for 2022. Analysts believe that the global slumping of […]

Foreign investments in Africa decline 3% in 2023- UNCTAD

Foreign investment flows to Africa dropped by 3% in 2023 to $53 billion, despite an increase in investments in green energy projects, the UN Conference on Trade and Development (UNCTAD) said. While Egypt and South Africa drove the overall investment trend in the continent, countries such as Morocco and Mauritania are expected to benefit from […]