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Sahara: Barbados Withdraws Recognition of Self-Proclaimed SADR
Barbados, which froze its recognition of the so-called “SADR” in 2013, withdrew its recognition of this phantom entity, dealing another hard blow to the polisario separatist group and its Algerian supporters. The decision was announced Friday in Rabat by Barbados’ Prime Minister Mia Mottley in a joint statement released following her visit to the North […]
Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures
The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]
Chariot Oil Company Enhances its Offshore Exploration in Morocco
Chariot Oil & Gas Limited, an independent Africa focused oil and gas exploration company, has reinforced its petroleum partnership with Morocco through its recent acquisition two more blocks off the coast of the North African Kingdom. Under the exploration deal sealed with Morocco’s national oil company (Office National des Hydrocarbures et des Mines), Chariot gets […]



