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Senegal produces above target 16.9 mln barrels of oil in 2024
Senegal’s Sangomar offshore oil and gas field has produced 16.9 million barrels in 2024, surpassing its 11.7 million target, according to official figures. Sangomar field, about 100km south of Dakar, achieved its first oil production in June 2024 and is expected to pump at least 100,000 barrels daily. The project is a joint venture between […]
Morocco expands legal cannabis cultivated area eightfold
Morocco increased eightfold the area cultivated with legal cannabis to 2078 hectares as the number of permits for investors grew to 161. Speaking to Asharq, head of the national agency for the regulation of the activities linked to cannabis, Mohamed Guerrouj, said these figures reflect the success of legalization among farmers and investors alike. “This […]
Australian Fortescue Metals Group inks iron deposit mining deal with Gabon
Australian iron ore company, Fortescue Metals Group, has signed a deal with Gabon, to explore an iron ore deposit in Belinga, north-east of the country, with short-term investment put at $200 million. Fortescue per the deal will commence mining in the second half of 2023. The company in a statement said with the mining convention […]



