morocco-organization of of Eastern Caribbean States -OECS

Egypt to sign four deals for car manufacturing

Egypt’s Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies, within a few days to manufacture automobiles in the country, a statement from the office of Prime Minister Mostafa Madbouly said, without specifying the names of the concerned companied. The statement came following a Cabinet meeting on Tuesday November […]

Managem diversifies into gas with purchase of Sound Energy Morocco East Limited

Morocco’s biggest mining company, Managem, bought Sound Energy Morocco East Limited as it seeks to diversify into gas, the company said. Managem acquired 55% of the Tendrara concession, 47.5% of the Grand Tendrara Permit and 47.5% of Anoual Exploration. The transaction would help Managem contribute to the development of gas production in the country with […]

UN counter-terrorism chief warns of ISIS’ surge in Africa, calls for global action

A senior UN counter-terrorism official has warned about the escalating threat level that the Islamic State (ISIL/Daesh) and other related terrorist groups pose to West Africa and particularly the Sahel amid the growing political unrest and instability in the region. Vladimir Voronkov, head of the UN Office of Counter-Terrorism (UNOCT), in a briefing to the […]