Botola Morocco

Gabon: Employers request control of the private pension fund

Henri Claude Oyima, head of Gabon’s private bosses indicated Monday that the country’s struggling National Social Security Fund, CNSS, should be managed by the private sector per recommendations of Inter-African Conference on Social Security (CIPRES). “We are the ones who pay, we think that we have to manage this institution and that the State must […]

Nigeria to build floating LNG terminal

Nigeria has offered a license to UTM Offshore Limited to build the country’s first floating LNG terminal. The plant would use gas from an ExxonMobil oil field in the Niger Delta and would serve both as an export terminal and supply the domestic market, local media reported. The infrastructure would curb gas flaring which costs […]

Saudi Arabia Opens up Its Stock Market, but There is No Queuing

Saudi Arabia, the world’s largest oil producer, has opened Monday for the first time its stock market to foreign investors in a bid to attract more international capital to help the country diversify its economy and reduce its heavy dependence on oil. The stock market liberalization move comes following the sharp fall in oil prices […]