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FDI Flow up 43.6% in 2021 – Office des Changes Report
The net flow of Foreign Direct Investments (FDI) recorded a 43.6% increase to more than 19.4 billion dirhams at the end of December 2021 compared to a year earlier, the Office des Changes (exchange office) said in its annual report on the balance of payments and the international investment position of Morocco for the year […]
Nigerians lose UK Supreme Court’s case over Shell oil spill
The UK’s Supreme Court has ruled that it was too late for a group of Nigerian claimants to sue two Shell subsidiaries over a 2011 spill off the coast of Nigeria’s Niger Delta. The legal case, launched by residents of Nigeria’s oil-producing Niger Delta, is one of a series of legal battles Shell has been […]
Drought-ravaged Malawi to receive 260,000 tons of fertilizer donated by Russia, other African countries to follow
Russia has donated 260,000 metric tons of its fertilizer that was sitting in European ports and warehouses for use by farmers in drought-ravaged Malawi and other countries in Africa, the United Nations said. Welcoming the announcement, UN spokesman Stephane Dujarric said that “this will serve to alleviate humanitarian needs and prevent catastrophic crop loss in […]



