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IMF secures $330m debt relief for Somalia

The International Monetary Fund (IMF) says it has secured more than $330m in debt relief for Somalia. The African nation has about $5 billion in external debt, accounting for about 100% of its GDP, which the Fund has declared to be unsustainable. The $330m brings the country a crucial step closer to receiving forgiveness for […]

Sound Energy Receives Approval to Build Gas Pipeline in Eastern Morocco

UK upstream Morocco-focused Sound Energy said it was cleared to build and operate a 120-km gas pipeline in eastern Morocco. The company made the announcement after receiving the environmental impact assessment approval from the Moroccan Ministry of Energy, Mines and Environment. The pipeline will help channel gas from Tendrara to the already existing Gazoduc Maghreb […]

Algeria dismisses Kabylie independence movement, Rachad Islamists as terrorists

After accusing them of connivance with foreign powers and plotting attacks, the Algerian regime moved to list Kabylie independence group MAK and Political Islam movement Rachad as terrorist groups. The decision was taken by President Abdelmejid Tebboune, reflecting a tougher stance within the regime for all sorts of dissent. Both MAK and Rachad have gained […]