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Moroccan banks start to shake off Covid-19 impact

Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due to a rise in impaired loans, analysts and the central bank say. The IMF has urged the Central Bank to keep ensuring that the Banks had enough provisions to deal […]

Citizens in four corners of Africa are protesting against government policies

Citizens in the four cardinal points of Africa — Kenya, Nigeria, South Africa, and Tunisia — have in recent weeks hit the streets over economic woes and political strife in their respective countries. Led by opposition leaders, angry people in Kenya in the east, Nigeria in the west, South Africa in the south, and Tunisia […]

New gas discovery boosts Mauritania and Senegal production potential

Gas production potential bodes well for both Mauritania and Senegal after 30 meters of net gas pay was found in the greater Tortue Ahmeyim offshore project on the border between the two West African nations. The finding was made by Dallas-based operator Kosmos Energy, which has a joint-venture with BP in the area as well […]