EBRD

Morocco: After Madagascar King Mohammed VI to head to Nigeria, Zambia

Moroccan monarch King Mohamed VI will kick off next month another African tour to take him to Nigeria and Zambia, two countries still supporting the Front Polisario, reports say. Jeune Afrique citing sources close to the Moroccan diplomacy notes that Mohamed VI is expected in Abuja, Nigeria to visit President Muhammadu Buhari. The Moroccan monarch […]

Rise of the ‘Renmimbi’ to the International Stage: A Win-Win Game for the Emerging Multi-Polar Global Economy

Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]

Tunisia: Australian company gets Chorbane agreement

ADX energy has made it public that Alpine oil and gas (it’s wholly owned subsidiary), has concluded a definitive deal with Rift Basin International. The agreement between the two signatories will allow ADX to farm out a further 15% participating interest in its Chorbane exploration permit, onshore Tunisia, to Rift Basin International. According to the […]