Libya Finds New Oil & Gas Fields

Libya has announced new oil and natural gas discovery in the Ghadames basin southwest of Tripoli, opening new prospects for the battered economy of the North African country. This new oil & gas find was made by the Libyan National Oil Corporation (NOC) and Algerian state-owned Sonatrach. The discovery consists of one oil field with […]

EV Batteries: China’s Hailiang to build $288 Mln Copper Plant in Morocco

Chinese company Zhejiang Hailiang has announced plans to invest $288 million in a Moroccan facility to produce copper foil for lithium batteries to power electric vehicles. According to press reports, citing the Company’s filing to the Shenzhen Stock Exchange, the new Moroccan base will enable the Chinese producer of copper tubes and rods to meet […]

Morocco to Extradite French National Convicted on Terrorism Charges

Morocco agreed to return to France its national Thomas Gallay who was convicted by a Moroccan court for connections with a terrorist network, the Justice Ministry said. The ministry explained in a statement that this extradition comes in response to a request by President Emmanuel Macron, adding that the convict will spend the remaining of […]