CNSS

Washington to reduce economic assistance to Tunisia over democracy deficit

Washington will slash its economic assistance to Tunisia next year over the authoritarian path taken by authorities, said Samantha Power, the Administrator of the United States Agency for International Development (USAID). The US diplomat has not indicated the amount of the cut off but added that the move is due to “the disappointing turn taken […]

Africa: Microsoft opens development centers in Nairobi, Lagos

US-based tech giant Microsoft Corp will launch this year two hubs in Nairobi and Lagos with an investment of over $100 million over five years as it seeks to partner with local talents and governments on the continent, Bloomberg reports. Microsoft will launch two hubs this year and plans to hire 100 workers at the […]

Sound Energy Consolidates its Portfolio Across Eastern Morocco

Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]