AFCON 2019

AfDB warns of 25 African countries facing debt risks, as IMF approves loans to Zambia, Senegal

The rise in cost of debt servicing has led to 25 countries in Africa being at risk of either high debt distress or in-debt distress, African Development Bank (AfDB) Group president has warned, just as the International Monetary Fund (IMF) has approved billion-dollar loans to Zambia and Senegal. AfDB chief, Akinwumi Adesina, said African markets […]

Gas exploration: British firm Chariot wins a new license for the Rissana offshore zone

The Rissana offshore zone, located in the immediate vicinity of that of Lixus, off Larache, where large gas reserves were discovered last January, has been awarded to the British company Chariot. The Africa focused transitional energy company Chariot announced this Monday February 28 that it has been formally awarded the Rissana Offshore Licence for gas […]

Morocco at forefront of African-European action on migration

Morocco reaffirmed the need for debunking the myths surrounding the migration issue making the case once more for a shared and mutually beneficial approach to migration. “The pandemic has shown that in terms of mobility, migrants do not have a harmful effect on the economy. On the contrary, they have a positive impact in their […]