French President Macron with Libyan officials

Year 2024 hottest, driest in Morocco in a decade – national weather agency

The year 2024 has officially been declared the hottest and driest in Morocco in more than a decade, according to a new report from the country’s General Directorate of Meteorology (DGM). The findings were presented during a climate briefing held in Rabat on June 20, 2025, showing that Morocco experienced last year record-breaking average temperature […]

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 […]

Egypt inks ‘historic’ $35bn deal with UAE, hoping to ease dollar squeeze, save economy

Egypt and the United Arab Emirates (UAE) have signed a landmark $35 billion investment deal to develop Ras al-Hekma peninsula on the Mediterranean coast that, economists say, will inject $35 billion of foreign direct investment into the struggling Egyptian economy, helping it to bolster economic growth and address a hard currency crisis. The deal is […]