IFC supports moroccan New Development Model

Sound Energy confirms new gas finding in eastern Morocco

Sound Energy, the Moroccan focused upstream gas company,“revises up” the net pay estimate of sands found under the main TAGI play, which currently stands at 10.5 meters. Earlier January, Sound energy announced discovery at TE-10 of a potential reservoir at between 1,899 meters and 2,009 meters. Sound has nearly finished planning its TE-10 test program, […]

Lobito Corridor reveals Europe’s African policy shift from aid to transactionalism

The revival of the Lobito Corridor, a 1,300 km railway linking Zambia’s copper belt to Angola’s Atlantic coast, captures a profound change in Europe’s approach to Africa from development aid to transnationalism. Once a colonial-era route for mineral extraction, the line is now the centerpiece of the EU’s 2 billion euro investment under its Global […]

Morocco Strongly Condemns Polisario’s Provocations in Tifariti

Morocco has strongly condemned the recent provocative actions carried out by the Polisario in the locality of Tifariti, to the east of the Moroccan defense berm, reiterating its unwavering determination to defend its territorial integrity and its national unity throughout the country. “The Kingdom of Morocco considers this provocation a new and serious violation of […]