Moroccan-banks

Morocco: Cereal output expected to drop by 69%; agricultural GDP by 14% in 2022

The output of major cereals (soft wheat, durum wheat and barley), in the 2021/2022 agricultural campaign is expected to reach 32 million quintals (Mqx), a decrease of 69% compared to the previous campaign, while the agricultural gross domestic product (GDP) is projected to decrease by about 14% in 2022, according to the forecasts of the […]

Algeria Army Chief ignites diplomatic row with Kinshasa following trip to Kigali

The Algerian regime is embroiled in a new diplomatic spat with Kinshasa, sparked by the warmonger army chief Saïd Chengriha following his provocative trip lately to Kigali amid heightened tensions between Democratic Republic of Congo (RDC) and Rwanda. The reckless Algerian top General travelled to Rwanda in a bid to get support after his country […]

Nigeria greenlights Seplat Energy’s buy of ExxonMobil’s Nigerian unit

Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]