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Senegal plans construction of second refinery to increase annual refining capacity

Senegal is planning the construction of second refinery, SAR 2.0, by 2029, to increase its annual refining capacity and put an end to its paradox: exporting crude and importing refined fuel although it joined Africa’s oil-producing nations in 2024. Actually, Senegal finds itself in a paradoxical position: exporting its crude to Europe while importing both […]

Airbus strengthens partnership with Rabat as Morocco’s aviation sector expands

European aerospace giant Airbus is seeking to deepen its partnership with Morocco’s rapidly growing aviation sector, citing significant opportunities in the North African kingdom, company executives announced at the Paris Air Show, held from June 16-22 in the French capital’s suburbs. Wouter Van Wersch, Airbus executive vice president for international affairs, described Morocco as “a […]

Botswana moves to reclaim diamond legacy with De Beers takeover

Botswana is racing to finalize a deal for majority control of diamond giant De Beers by the end of October, as President Duma Boko declares the move “a matter of economic sovereignty for Botswana.” The southern African nation, already holding 15% of De Beers, is negotiating with Anglo American, which is divesting its 85% stake […]