Morocco trade minister

Mixed reaction in Africa to OPEC oil production cuts amid concern about rising prices

Delegates at the biggest oil conference in Africa have expressed concern about rising prices after the Organization of Petroleum Exporting Countries (OPEC), plus non-members who also export oil, decided earlier this week to cut production targets. The majority of the oil cartel’s 13 member states are in Africa, but many countries on the continent have […]

Côte d’Ivoire hikes by 10 per cent energy price

The administration of President Alassane Ouattara announced Thursday a 10 percent hike in energy price from July 1st this year in a move to mitigate exploitation loss in the sector at $124 million. Mamadou Sangafowa Coulibaly, Minister of Mines, Petroleum and Energy, indicated that the increase in the price concerns users of 15 A (15 […]

Burundi: Lawmakers approve “generous” retirement package for Nkurunziza

Lawmakers in Burundi on Wednesday approved legislation that will effectively hand outgoing president Pierre Nkurunziza a retirement package. According to the legislation, the package includes a one-time payment of one billion Burundian francs, a luxury villa built with public funds in the location of his choice within five years and benefits equivalent to those of […]