Libya: US Tells Gunmen to Return Sharara Oil Field to NOC

The US State Department Tuesday called on the armed men that occupied Libya’s Sharara oil field in the desert, south of the country, to hand over the oil facility to the National Oil Corporation (NOC), which has declared force majeure. “The United States continues to monitor the situation at the Sharara oil field and echoes […]

WB-IMF Annual Meetings: IMF Managing Director Kristalina Georgieva Arrives in Marrakech

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, arrived in Marrakech on Friday afternoon leading an IMF delegation, to take part in the Annual Meetings of the World Bank Group and the IMF, scheduled for October 09-15. Georgieva, who was greeted at Marrakech-Menara international airport by Minister of Economy & Finance, Nadia […]

Maersk to end direct shipping route between South Africa and the US

Danish shipping giant Maersk has announced plans to halt its direct cargo shipping route between South Africa and the United States, effective October 1, 2025. The decision is expected to significantly impact South African exporters, who will now face longer transit times and higher logistics costs. According to a company notice sent to clients earlier […]