MEP Elena Valenciano

South Sudan, China to boost cooperation in oil sector

Chinese and South Sudanese officials last weekend emphasized their commitment to resuming and increasing production at South Sudanese oilfields and protecting the environment. The commitments were made during meetings between executives of the China National Petroleum Corporation (CNPC) and visiting Minister of Petroleum of South Sudan, Ezekiel Lol Gatkuoth. The meetings discussed issues ranging from […]

Morocco: Central Bank raises rates to 2.5 % & expects growth to reach 3pc in 2023

Morocco’s central bank has decided to raise its key rate by 50 basis points to 2.5pc due to inflation upward trends and external pressures that spread to non-tradable goods and services and to the implementation of the subsidy system reform starting 2024. During last quarterly meeting held Tuesday in Rabat, the Board of Bank Al-Maghrib […]

US Secretary of State Pompeo choses Morocco for his maiden visit to Africa

US Secretary of State Mike Pompeo is expected this week in Rabat on a two-day working visit to the North African country, one of the major US allies in the region. The trip will be not only Pompeo’s first travel to Morocco and to an African country, but also the first visit by an American […]