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Senegal plans construction of second refinery to increase annual refining capacity

Senegal is planning the construction of second refinery, SAR 2.0, by 2029, to increase its annual refining capacity and put an end to its paradox: exporting crude and importing refined fuel although it joined Africa’s oil-producing nations in 2024. Actually, Senegal finds itself in a paradoxical position: exporting its crude to Europe while importing both […]

World Bank and North Africa: 2013 in Review

In fiscal year 2013, the World Bank (WB) has supported 16 projects worth 2.1 billion USD, out of which 1.8 billion USD came from the International Bank for Reconstruction and Development (IBRD) and 249 million USD from the International Development Agency (IDA). 56.4 million USD were committed separately for the West Bank and Gaza. On […]

Morocco voices readiness to support guinea in sustainable & inclusive growth

Morocco has offered to support the Republic of Guinea in sustainable and inclusive socioeconomic development within the frame of solidarity- based South-South cooperation spearheaded by King Mohammed VI. The offer was made by Head of Govt. Aziz Akhannouch during talks he held Thursday in Rabat with Guinea’s Prime Minister Mamadou Oury Bah in presence of […]