Tindouf camps 5

Central African Republic leverages Casablanca’s financial hub for $10.7 billion development plan

The Central African Republic chose Casablanca as the strategic venue to unveil its ambitious National Development Plan 2024-2028, valued at approximately 7,000 billion CFA francs ($10.7 billion). This came during an Investment Round Table dedicated to financing the Central African Republic’s National Development Plan 2024-2028. The round table, held September 14-15, 2025, transformed Morocco’s economic […]

Tullow to construct $1 billion oil pipeline in Kenya

Tullow Oil, a leading independent oil exploration and production company, aims to complete the construction of a $1 billion oil pipeline in Kenya by 2022. According to Tullow Oil Kenya Managing Director Martin Mbogo, the 821 km pipeline will transport around 80,000 barrels of oil per day from the Lokichar oilfields in Northern Kenya to […]

Morocco’s Central Bank forecasts 6.3% drop in Country’s GDP in 2020 & 4.7 % growth in 2021

Morocco’s Gross Domestic Product (GDP) is expected to fall by 6.3 pc this year before recovering quickly and rebounding by 4.7 pc in 2021, said on Tuesday Bank Al Maghrib in a press release issued following its third quarterly meeting. According to the experts of the Kingdom’s central Bank, the Moroccan economy has been affected […]