Tunisia has approved the renewal for an additional three year period of the Sfax offshore exploration permit awarded to Eurogas International Inc. and its joint venture partner, Atlas Worldwide Exploration Ltd (“APEX”). Under this first renewal period that will extend from December 9, 2012 to December 8, 2015, the exploration corporation will have to drill […]
Africa is in the grip of a dollar drought and the current continent-wide scarcity of the US dollar is further pushing many already beleaguered African countries into deeper economic crises, according to a new Bloomberg report. Several Sub-Saharan African (SSA) countries, including Kenya, Nigeria, Ghana and Tanzania, have for several months experienced shortages of the […]
Mali’s Prime Minister Abdoulaye Maïga publicly accused Algeria of supporting and exporting terrorism during his address to the 80th United Nations General Assembly, drawing sharp international attention to Algeria’s hostile acts towards its neighbors. Addressing world leaders, Maïga denounced Algeria as a “champion of the promotion of terrorism and an exporter of terrorism,” saying that […]
