Libya’s National Oil Corporation (NOC) has announced the results of its first public oil and gas bid round in 17 years, awarding exploration and development contracts to five major international companies and consortia. The round offered 20 exploration blocks. Winning entities include a consortium of Italy’s Eni and QatarEnergy; a consortium of Spain’s Repsol and […]
Senegal, which is reeling under serious economic crisis, has secretly borrowed € 650 million from Africa Finance Corporation (AFC) and First Abu Dhabi Bank (FAB) in bid to avoid default. But concealing public debt and internal financial fragility from investors, partners, public opinion or regional rivals undermines the country’s credibility. The hidden debt scandal of […]
The speech King Mohammed VI was due to deliver this Friday on the occasion of the 45th anniversary of the Green March has been postponed to Saturday November 7. The announcement was made in a statement by the Ministry of the Royal Household, Protocol and Chancellery, which said that following the discovery of a positive […]
