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Turkey announces 20 bln barrel oil field discovery in East Africa
Turkish explorations offshore Somalia led to the discovery of commercially viable crude oil, estimated at 20 billion barrels. Turkey and Somalia had signed a deal under which Turkey controls 90% of oil and gas output rights. The deal triggered criticism for its unfavorable terms for Somalia, a war-torn and cash-strapped country. Somalia’s President Hassan Sheikh […]
Morocco: King Mohammed VI Delivers Speech to Nation on Throne Day
King Mohammed VI delivered, on Saturday, a speech on the occasion of the 24th anniversary of his accession to the throne of his glorious ancestors. Here follows the full text of the Royal speech: “Praise be to God, May peace and blessings be upon the Prophet, His Kith and Kin Dear Citizens, Almighty God has […]
AfDB to Set Up Climate Change Funds & Green Banks in Africa
The African Development Bank has asked the Coalition for Green Capital (CGC) to make a study on the creation of national climate change funds and green banks in Africa. CGC will work with six African countries to conduct feasibility studies for the project, which was launched at the Green Bank Design Summit held in Paris […]



