Algerian writer Abdelouahab-Aissaoui

Morocco Exempts Newly Created Industrial Companies from Corporation Tax

Industrial companies created after June 2017 will be exempted from paying the corporation tax, authorities said. A decree was published in the official gazette stating that industrial enterprises will not have to pay the tax for five years after their creation as the government seeks to encourage industrial investments. The tax exemption is targeting enterprises […]

Totalenergies divests from South Africa’s offshore gas

French energy giant Totalenergies divested from its offshore gas operations in South Africa due to the lack of a gas market in the country. There was no South African market to be able to monetize any gas found, said CEO Patrick Pouyanne after the French company reported its third quarter results. The move by Totalenergies […]

Benin in talks with Rwanda for logistical, expertise support to curtail terrorism

Benin has turned to Rwanda for the supply of logistics and expertise in the fight against terrorism in the West African country. Talks are ongoing, government spokesperson Leandre Houngbedji told local media Banouto. The state official also indicated that no date for the signing has been determined yet. Benin is seeking logistical support as well […]