Saad Eddine El Othmani reçoit l’envoyé personnel du Secrétair

IFC contributes a €100 million loan to OCP Group’s desalinated water pipeline project

IFC has granted a €100 million loan to OCP Group, contributing thus to complete the desalinated water pipeline to connect Jorf Lasfar to Khouribga, whose construction is progressing well and is expected to be completed soon. The loan will support the construction of a 219 km pipeline and a new pumping station The infrastructure will […]

Drought, conflict hamper Sahel’s green wall

Formally begun in 2007 by the African Union, the Sahel’s green wall which consisted in planting trees to fight desertification has been facing headwinds partly due to drought, conflict and lack of funding. The project is estimated to cost 36 billion dollars and be completed after 17 years from its launch but was hampered by […]

BP exits Senegalese gas field amid disputes with Government over priority

British multinational oil and gas company, British Petroleum (BP) has left the Senegalese Yakaar-Teranga natural gas field following a fallout with authorities over the utilization of the commodity, Sputnik reports. The move came after Senegal’s Minister of Oil and Energy Antoine Felix Diome told media that both sides are on opposite sides when it comes […]