North Africa Post
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Business Energy

Sound Energy Consolidates its Portfolio Across Eastern Morocco

North Africa Post

Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]
Africa Business Headlines International

Industries boom: AfDB report finds small African economies industrialize fastest

North Africa Post

Morocco, Egypt, South Africa, Mauritius, and Tunisia are Africa’s most industrialized economies but it is the other countries, which have improved the most over the past 10 years, that have made the greatest efforts to move away from economic dependence on extractives toward value-adding sectors. The countries that showed the greatest progress over the past […]
Africa Business Europe Headlines International

Turkey seeks to tap into Niger’s mining potential

North Africa Post

Turkey is diversifying its African partners, moving from east Africa to the Sahel and Niger in particular where Ankara sees mining opportunities. In this respect, Turkey signed a deal to cooperate in the mining sector in the covered uranium-rich but unstable Sahel country. Turkey and Niger signed a provisional pact to boost cooperation in mining, […]