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African Atlantic Gas Pipeline: MoU signing between Togo’s SOTOGAZ, Nigeria’s NNPC, and Morocco’s ONHYM
The meetings of the technical and steering Committees of the African Atlantic Gas Pipeline, held in Rabat July 10-11, highlighted by the signing of a Memorandum of Understanding between Togolese Gaz Company (SOTOGAZ-Togo), Nigerian National Petroleum Company Limited (NNPC-Nigeria), and Morocco’s Office of Hydrocarbons and Mines (ONHYM). This memorandum, the latest to be inked after […]
US Government Blended-Finance Fund invests $600,000 to empower women in Africa
The US Agency for International Development has announced $500,000 in funding and $100,000 in technical assistance to the Women’s World Banking Asset Management (WAM) blended-finance fund. Joining USAID, the Overseas Private Investment Corporation (OPIC) announced its intent to provide $25 million in financing to the fund. The financing will help mobilize commercial investment to […]
Sofitel Agadir to close business end of June
Sofitel Royal Bay in the Moroccan southern Atlantic coastal city of Agadir will cease operating on June 30 as the lease contract comes to an end, Aujourd’hui.ma reports. Sofitel Agadir Royal Bay’s owner, ABS Holding, and the facility operator RISMA agreed not to extend the contract, which took effect in 2004, over the obsolescence of […]



