Dirham

European Commission welcomes Morocco’s commitment to new agenda for the Mediterranean

The European Commission has welcomed Morocco’s commitment to the new agenda for the Mediterranean, meant to relaunch and strengthen the strategic partnership between the European Union and its Southern Neighborhood partners. The European position was expressed by EU Commissioner for Neighborhood Oliver Varhelyi, who reacted in a tweet to the remarks made by Foreign Affairs […]

Mali’s top Court upholds Appeal Court decision fining Moov Africa Malitel, Orange-Mali

Mali’s Supreme Court has confirmed in a final decision demanding Moov Africa Malitel and Orange-Mali, two telecom companies, to pay up to $195 million to the Association of Telecom service clients (Remacotem). Remacotem in 2021 sued both companies before the courts for illegal taxation of calls answered by the answering machine. The telecom companies denied […]

Australian firm confirms gas, oil & helium discovery in Zimbabwe

Australia-listed oil and gas firm Invictus Energy has recently confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique “definitively proves the presence of hydrocarbons in […]