oil refinery

G7 Summit 2023: Africa demands seat at global table as nations eye its resources

As the leaders of the Group of Seven (G7) wealthy democracies converge for a summit in Japan, winds of change are blowing for Africa, which has so far been more of a discussion topic rather than an active participant in international politics, but is now demanding its rightful place in global dialogues and decision-making processes. […]

Morocco’s Central Bank Maintains Key Rate at 2.25 % & Expects 4.3 % Growth in 2017

Morocco’s Central Bank, Bank Al-Maghrib, decided Tuesday to maintain its key interest rate unchanged at 2.25 % during the third quarterly meeting of its Board of Directors which expects a 4.3% growth in 2017. After analyzing recent economic developments and reviewing the macroeconomic forecasts, the Board deemed as “appropriate” the decision to uphold the key […]

MARSA MAROC PICKS RIKON FOR CRANE TRANSPORT PROJECT

Morocco’s leading port operator Marsa Maroc has awarded to Latvian RIKON firm the contract for the complex transportation of a fully assembled, German-produced Double Jib Level Luffing crane from the Port of Nador to the Port of Safi in Morocco.   The project involves the transport of the crane in a fully assembled state, a logistically […]