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Nigeria’s NNPC, Norway’s Golar ink MoU to build floating LNG plant

North Africa Post

The Nigerian National Petroleum Company (NNPC) Ltd, Africa’s biggest oil producer, has signed a memorandum of understanding (MoU) with a Norwegian company to build a floating LNG plant in the West African country to boost its domestic supplies and exports. Nigeria’s state oil giant has inked the MoU with Golar Liquefied Natural Gas Energy (GLNG) […]
Africa Finance Headlines International

South Sudan, IMF ink pact for $112.7m in emergency funds

North Africa Post

The International Monetary Fund (IMF) and South Sudan announced they have reached a staff-level agreement for the release of about $112.7 million in emergency financing, pending an approval by the IMF’s executive board. “This emergency financing under the new Food Shock Window will help South Sudan address food insecurity, support social spending, and boost international […]
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Key amendments in Morocco’s family code review

North Africa Post

King Mohammed VI has instructed a review of the family code in line with Islamic precepts and universal values which introduces amendments protecting the social and economic rights of the Moroccan family. Following widespread consultations, the committee in charge of elaborating the new code provided the broadlines to the media, in line with royal directives […]