Morocco-Nigeria-pipeline

Total Energies to quit South Africa offshore gas fields

French Total Energies said it plans to quit South Africa’s offshore gas fields to focus on more promising discoveries in Namibia, Bloomberg and Reuters reported. The company plans to give up its license for Block 11B/12B because it doubts whether the complex deep-water finds can be made commercially viable, given South Africa’s small gas market, […]

Morocco: Yasmina Filali Wins Schwab Foundation’s 2016 Social Entrepreneurs Award

Yasmina Filali Head of la Fondation Orient Occident was announced Thursday winner of Swiss-based Schwab Foundation’s 2016 Social Entrepreneur Award for her excellent action in “providing job training to underprivileged Moroccans, sub-Saharan migrants and refugees.” Yasmina Filali features among 11 other laureates crowned by a high profile jury committee chaired by Bangladeshi Mohammad Yunus of […]

Private clinic operator Oncorad raises $45 mln to finance its growth

Moroccan private clinic operator Oncorad raised 45 million dollars via private equity funds France’s Stoa and Morocco’s CDG Invest as part of an effort to fund its expansion plan, it said. Oncorad plans to have 30 clinics by 2026 as it sees a pressing need to fill in shortages in private hospitals especially in remote […]