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Emmerson PLC’s Morocco potash project on track to launch construction

Head of Emmerson PLC Graham Clarke, a Morocco focused potash company, said that preparations are on track to launch Africa’s largest potash project in Khemisset (95 km east of Rabat) Potash is a key ingredient in fertilizer production and demand for it is on the surge globally to meet increasing food needs. The London-listed company […]

Oil talks between Sudan and South Sudan end without deal amid pipeline disputes and post-war realignments

Efforts by Sudan and South Sudan to revise transit and processing fees for South Sudan’s crude oil exports concluded inconclusively, with no formal agreement reached following high-level meetings in Port-Sudan. Though talks were described as constructive by Sudanese officials, technical sources revealed significant differences remained over logistical adjustments, particularly at the Bashayer oil terminal. South […]

Algeria bent on buying social peace at expense of undermining economy

Algeria’s 2024 budget confirms the country is bent on maintaining a model of rent distribution to buy social peace, wherein the state continues to use oil and gas money in non-productive spending while shunning reforms that could put the economy on a competitive track conducive to a welfare state. Buying social peace by bolstering wages […]