ConocoPhilips leaves Algeria to Petramina

ConocoPhilips has announced the sale of its subsidiary in the North African country of Algeria in a deal worth more than a billion dollar. According to the announcement from the company, it has agreed to sell its Algerian business unit for a total of US $1.75 billion plus customary adjustments to Pertamina. The deal involves […]

Libya: Two Russian agents held for espionage to be freed

The UN-backed Government National Accord (GNA) will soon set free two Russian agents accused of espionage, reports say citing Moscow. Maxim Shogali and Samer Seifan have been held in Libya for more than one year. The GNA has charged the two Russians for gathering intelligence with actions that harmed the State’s security. The two men, […]

Moroccan Central Bank partners with IFC to promote Morocco’s agricultural financial inclusion

Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) signed a partnership deal on Wednesday, June 18, in Rabat, meant to achieve two key objectives: improving the resilience of agricultural operations and fostering inclusive and sustainable growth. According to a joint press release, this partnership reflects the shared ambition of both institutions to promote an […]