Libyan dialogue 4

Nine African countries join Afreximbank’s PAPSS platform in push for ‘de-dollarization’

A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum, as the platform has recently started commercial operations with nine countries having signed up so far, according to the Afreximbank President Benedict Oramah. The African Export-Import Bank — or Afreximbank — expects 15 to 20 […]

Sound Energy receives financing from Attijariwafa Bank for gas field project in Morocco

Sound Energy PLC on Wednesday said that Casablanca-based Attijariwafa offered to finance the second phase of its development of the Tendrara production concession in Morocco. The London-based Morocco-focused upstream gas company said Attijariwafa offered up to around $237 million, subject to conditions being met before the end of September. The funding includes a 12-year term […]

Coronavirus: Size & scope of African Lion Drills to be modified

Military leaders from the United States, Morocco, Tunisia and Senegal will modify the size and scope of African Lion to minimize exposure of participating service members from the US and partner nations to the novel coronavirus (COVID-19), announced the US Africa Command.   “The safety and protection of all of our forces — US and […]