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Nigeria on way to cut dependence on imported refined oil
Nigeria’s oil regulator (NUPRC) reached a deal with producers to ensure steady supply of crude to local oil refineries, a move that would help the country cut dependence on imported fuel. Africa’s richest oil country imports most of its refined oil needs partly due to oil majors demanding excessive premiums or saying they had no […]
Germany extends Morocco loans, grants worth €701.3Mln
Germany will extend Morocco loans and grants worth €701.3Mln within the framework of financial and technical cooperation between the two countries. Three agreements related to the funding were signed Wednesday in Rabat by Minister of Economy and Finance Mohamed Benchaaboun, and Germany’s Ambassador to Morocco Götz Schmidt-Bremme. The agreements reflect the excellence of cooperation relations […]
Ethiopia to seek peaceful solution with Eritrea over Red Sea access, says PM Abiy
Ethiopia has no intention of waging war with Eritrea to gain access to the Red Sea, prime minister Abiy Ahmed emphasized Thursday (20 March) amid growing tensions between the two Horn of Africa nations. Speaking to parliament, Abiy stated that his government aims to resolve the issue through diplomacy, focusing on a mutually beneficial solution […]



