Arab-India energy forum

France’s Macron pledges to invest $2.8 billion in Africa

French President Emmanuel Macron who is touring East Africa, with stops in Djibouti, Ethiopia and Kenya, has pledged to invest $2.8 billion in Africa by financing and supporting startups and small- to – medium-sized enterprises by 2022. Macron, who started his trip to East Africa Monday, said the French government would support about 10,000 enterprises […]

Morocco’s Inflation Ticks Up to 1.7% in April, Fuel Prices the Key Driver

Morocco’s consumer price index rose 1.7 percent in April 2026 on a twelve-month rolling basis, ticking up from the 1.1 percent recorded in March, according to data published Friday by the High Commission for Planning (HCP). The headline figure remains comfortably below the two percent threshold set as the reference level by monetary authorities, and […]

Russia Deepens Foothold in Libya, Pro-Putin Firm Signs Oil exploration & production deal

Russia’s oil firm Rosneft has signed cooperation framework agreement with Libya’s National Oil Corporation (NOC) opening the door wide to Russian investments as Moscow deepens its foray into the chaotic North African country. The agreement signed between Rosneft’s Igor Sechin and NOC’s Mustafa Sanalla in London on Monday allows the Russian company to explore Libya’s […]