The Transmission Company of Nigeria (TCN) has officially launched a $170 million power transmission project. The project called the Abuja Feeding Scheme is financed by the French Development Agency (AFD) and provides for building five transmission substations over a 24-month period. The move will help Africa’s most populous nation to stabilize the quality of power […]
Mauritania’s public debt stood at 177.8 billion new ouguiyas (approximately $4.4 billion) as of mid-2024, according to the latest report from the Public Debt Directorate. This amount represents 40.3% of the country’s Gross Domestic Product (GDP) as of June 30, 2024, underscoring the scale of Mauritania’s fiscal obligations relative to its economic output. The report […]
Moroccan authorities have approved an agreement between San Leon Energy, Serica Energy and Longreach Oil and Gas on the one hand and Cairn Energy, on the other. The announcement was made last week by San Leon Energy which said the assignment of interest in the Foum Draa offshore licence in Morocco was part of the […]
