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Major Reforms Await Successor of Sacked Economy & Finance Minister
The dismissal of Mohamed Boussaid, Economy and Finance Minister, by King Mohammed VI came as Morocco is elaborating key economic and financial projects that will leave the upcoming minister with heavy responsibilities. Boussaid was sacked by King Mohammed VI in line with Article 47 of the constitution and in implementation of the principle of linking […]
Sound Energy Receives Approval to Expand Sidi Mokhtar Onshore Licenses
Sound Energy PLC has won regulatory approval from Moroccan authorities to take control of 75% interest in the Sidi Mokhtar onshore licenses. Sound Energy, the African and European focused upstream gas company, said in a statement that the deal consists of three onshore gas permits (the “Sidi Moktar Licenses”) covering 2,700 square kilometres in the […]
Ethiopia declares state of emergency in Amhara, accuses militia of seeking to overthrow govt
Militiamen in the Amhara region have been accused by a senior Ethiopian official of seeking to overthrow the regional and federal governments, as authorities declared a state of emergency following days of fighting. While the Ethiopian army and the Amhara militia were allies in the two-year civil war against the northern Tigray region, but now […]



