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Lloyds to Open Office in Morocco, Africa’s Gateway
Lloyds, the world leader in insurance & reinsurance, is bracing to install its African base in Casablanca Finance City (CFC), says Moroccan newspaper l’Economiste. After several months of talks, Lloyds group has finally obtained CFC status, which allows the British firm to operate in Casablanca and sell its services & products to African countries. CFC, […]
Libya not a failed state, Egypt considering military intervention
Despite the ongoing violence in Libya, the Council of Representatives has met for its first session in Tobruk due to the raging battles in Benghazi. Abu Bakr Baira, the lawmaker who presided over the session, said they have to “prove to the world that Libya is not a failed country” although internal differences have already […]
Sound Energy in advanced talks for marketing LNG in Morocco
The UK-based Sound Energy Company has announced advanced talks with unnamed Moroccan partner for the purchase of LNG to be produced from Tendrara concession, onshore Morocco. Under an agreement sealed lately by the two sides, Sound Energy pledges to produce and sell to the “Partner”, for ten years, 100 million standard cubic meters of gas […]



