Spain’s oil company Repsol has discovered lately gas in the Illizi basin, in the south east of Algeria. The discovery was made during an exploration campaign launched in 2011 at the Tihalatine South-1 well in the Sud-Est Illize block. A consortium led by Repsol won in 2010an exploration license to dig for oil and gas […]
The security and humanitarian situation in the eastern Democratic Republic of the Congo (DRC) has further deteriorated, despite the recently held peaceful elections, as M23 rebels continue to expand its territory, the United Nations has warned. The armed group M23 “is making significant advances and expanding its territory to unprecedented levels,” Bintou Keita, the head […]
The European Bank for Reconstruction & Development (EBRD) announced on Thursday the approval of a €2 million loan to Société Maghrebine de Monétique S.A. (S2M), a Moroccan firm that develops e-payments systems. The loan will enable S2M to enhance its competitiveness and increase employment opportunities for young people with on-the-job-training programs Under the Bank’s Blue […]
