UN High Commission for HR

Beijing’s PetroChina Signs Deal to Purchase Libyan Oil

China’s largest oil and gas producer and distributor, PetroChina has signed up with the Libyan National Oil Corporation (NOC) to buy Libyan oil, few months after Shell and British Petroleum (BP) signed similar deals. The deal is the first ever since 2013, Bloomberg reports. The deal comes as oil production knows a revival following several […]

Poor infrastructure hampering intra-Africa trade, report finds

A recent report by the Mauritius Commercial Bank Group has highlighted the significant barriers posed by Africa’s inadequate transport and logistics infrastructure, which continue to hinder the region’s trade potential. Despite Africa’s growing economy, intra-Africa trade still accounts for a mere 16% of the continent’s total trade. The report, entitled ‘Harnessing Africa’s Trade Potential: Strategies […]

Tough times ahead for Morocco’s RAM airlines

Like other airlines across the globe, the coronavirus pandemic has disrupted the plans of Moroccan airline plans for regional expansion pushing it to cut staff, axe routes and adopt painful austerity measures. The company plans to lay off 750 employees including 150 pilots, in a move that is met with fierce resistance from unions. The […]