El-Guerguarat

Chariot raises $15 Million in funds for a new onshore gas drilling in Morocco

Chariot, a London-listed, Africa-focused energy company, announced on Tuesday it has raised $15 million (£11.7 million) for its onshore drilling operation in Morocco. The company said the funds were raised through the placement and subscription of 89.6 million shares at an issue price of 14 pence per share, according to a statement from Chariot posted […]

Haftar resigns temporarily from ALAF until December elections

The communication office of the General Khalifa Haftar has indicated that the Egypt-backed retired army commander has stepped down for three months until December 24; dates of the projected elections in war-plagued country. The office in a statement Wednesday said Haftar has appointed Chief of General Staff, Abdelrazik Al-Nathori to replace him from September 24 […]

Algeria’s diplomacy of empty tours

Like his predecessor, the civilian façade of Algeria’s military regime, Abdelmejid Tebboune has embarked on a series of tours in European, Arab and Asian capitals but returned empty-handed. Tebboune’s most recent visit was to China on which he pinned hope to win support for his regime’s fantasy to join the BRICS. China said it welcomed […]