Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda’s crude, while a report released by two environmental NGOs has warned of potentially “unacceptable” damage caused by a controversial project involving French oil giant TotalEnergies and China’s National Offshore Oil Corporation (CNOOC). The Nigeria-based bank was also willing to finance […]
The Moroccan Royal Armed Forces concluded one of their largest military drills on the eastern desert border with the participation of land and air armies. The exercise known as “Saghro” focused on testing the readiness of land and air forces and desert warfare, the well-informed defense news portal FAR-Maroc said. The military drills were also […]
Morocco’s economic growth will slow down to 0.8% in the third quarter this year, compared to 8.7% the same period last year, the high commissioner for planning HCP said. The HCP mentioned the impact of the geopolitical tensions and imported inflation that has slowed the post-covid growth of the Moroccan economy. Global demand on Morocco […]
