Fitch Ratings

Engie to sell its gas exploration Unit in Algeria

French utility company, Engie SA, wants to sell its gas exploration units in Algeria as part of a larger plan to offer its assets in Africa and Europe in a bid to reduce its exposure to volatile oil and gas prices, Bloomberg reported. “The company is planning to sell its upstream operations globally including businesses […]

Africa to surpass Asia in hunger by 2030 as global crises bite — UN report

The United Nations has predicted, in its annual report on food security and nutrition, that Africa will overtake Asia as the continent with the highest number of people experiencing hunger by 2030. Five UN agencies have warned in the new report there was a “clear trend” of rising prevalence of undernourishment in the continent, which […]

Washington commends Morocco’s advances in women’s rights

U.S. Deputy Secretary of State Wendy Sherman has praised the important strides accomplished by Morocco in recent decades in advancing women’s rights. During her visit to Morocco (March 8-9), the U.S. official, who attended an event in Casablanca to mark International Women’s Day, said Morocco’s new family code made significant reforms to advance equality for […]