Algeria which has suffered a sharp decrease in oil revenues is seeking desperately to fill in its coffers with an Italian supply deal. The country’s state-owned Sonatrach and Italy’s energy company, Eni, inked a deal to supply Italy with 10 billion cubic meters of natural gas annually. The gas will be channeled through the Transmed […]
Negotiations are underway between Morocco and Russia on the delivery of the Amur-class 1650 super-quite submarine, which will be the Kingdom’s first submarine, Moroccan press reported. The Amur-1650 diesel-electric powered submarine will significantly boost Morocco’s capabilities as it will carry Club cruise missiles in addition to featuring air-independent propulsion (AIP). With a length of 66.8 […]
Despite rising interest all across the continent, trade in cryptocurrencies remains banned — in part due to concern about soaring losses arising from crypto scams — by most African governments save for the Central African Republic (CAR). The latest Chainalysis report indicates that losses arising from cryptocurrency scams rose by 60% in the first seven […]
