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Italy turns to Libya to replace Russian energy supply
Italian Ecology Transition Minister Roberto Cingolani has indicated that Rome will conclude its first deal to obtain more gas from Libya and other suppliers, to replace Russian flows in the coming weeks. “A series of talks are underway … in the next few weeks, we will close the first agreements,” Cingolani said in an online […]
Bouteflika, Algeria’s missed chance to rise from civil war ashes
Algeria’s former president, Abdelaziz Bouteflika, passed away last week, leaving his country at the mercy of a military junta that did little to relieve the country from oil and gas curse. Bouteflika took power in 1999 on the back of promises to put an end to a deadly civil war that took the lives of […]
Economy: Fitch affirms Morocco’s ‘BB+, stable outlook
Fitch Ratings has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. Morocco’s ‘BB+’ ratings reflect sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable international liquidity buffers, explained the agency in a commentary published on its official website. Fitch indicated that Real GDP growth was stable […]



