Moroccan PM Otmani

Libya Central Bank to Inject $2.5 Billion to Ease Liquidity Pressures

The Central Bank of Libya has announced plans to inject $2.5 billion into the financial system starting April 1, 2026, to clear outstanding requests linked to letters of credit and personal foreign currency allocations. The intervention is expected to address a backlog of pending transactions while supporting commercial banks in meeting customer demand for foreign […]

Gabon launches new offshore drillings to increase oil production

US hydrocarbon exploration firm, Vaalco Energy, will start an offshore drilling campaign next month as Gabon works to increase its crude oil production by 50 percent by 2020/2021. The start of the drilling campaign follows a successful full-field maintenance shut down at four of Vaalco’s platforms in the Central African nation The five-well drilling campaign […]

Algeria, Party to Sahara Conflict- French President

French President Emanuel Macron said in Algiers that Morocco and Algeria should work together to resolve the Sahara issue, a statement that implies Algeria’s role in perpetuating the over four-decade conflict. “France adopts an equidistant position regarding the Sahara issue concerning which we maintain our known position that has not been changed nor will it […]