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Libya to increase oil production to 2 million b/d

Libya’s state-run oil company, National Oil Corporation (NOC), plans to increase oil production to 2 million barrels per day as most of the country’s oil fields resume operations. Chairman of NOC, Farhat bin Qadara, said a medium-term plan will be outlined to achieve this goal, which will extend from three to five years and that […]

Morocco successfully sells 1 billion euro in dual-tranche bond

Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]

African farming: PDDAA Summit closes with adoption of Kampala Declaration

The Summit of the Detailed Program for the Development of African Agriculture (PDDAA) concluded on Saturday with the adoption of the Kampala Declaration. The Kampala Declaration focused on the development of a resilient and sustainable agri-food system in Africa, as well as the PDDAA’s ten-year strategy and action plan. In this context, participants decided to […]