CFC & Rwanda Finance Ltd sign agreement May 2020

COVID-19: IMF vows to remain closely engaged with Morocco

The International Monetary Fund has vowed to remain closely engaged with Morocco as the authorities address the impact of the coronavirus pandemic. This came in a communiqué issued by the IMF confirming that the North African country drew the $3 billion available resources under the arrangement. The authorities will use funds purchased under the PLL […]

Morocco, Belgium ink new MoU to fight transnational crime

Morocco’s Presidency of the Public Prosecutor’s Office signed a Memorandum of Understanding (MoU) with its Belgian counterpart on Tuesday oct. 15 in Rabat. This new agreement seeks to boost cooperation in multiple areas, particularly in fighting transnational organized crime. This MoU, signed by Morocco’s Top Prosecutor El Hassan Daki, who is also the King’s Attorney […]

Vienna-based OMV Group to resume drilling operations in Libya in February 2024

Austrian and Vienna-headquartered integrated oil, gas and petrochemical company OMV Group will resume exploration activities in February 2024, the North African country’s state-run oil company National Oil Corporation (NOC) has announced on Monday November 6. The announcement came after both sides held a technical meeting in Tripoli Sunday at NOC headquarters. The discussions touched on […]