Paris-headquartered Maurel & Prom pledges to invest $85m in Gabon

Maurel & Prom, an oil company based in Paris, has announced it will invest $85 million to develop its activities in Gabon this year after spending $67 million in the African country last year. Maurel CEO Olivier de Langavant indicated that planned investment in Gabon is a chunk of the company’s total 2023 investment put […]

Morocco tips balance in its favor in face-off with South Africa

The last days of Jacob Zuma in power and his meeting with King Mohammed VI were perceived as light at the end of the tunnel of relations between two of Africa’s economic heavyweights, but the persistence of the ANC- led administration in Pretoria puts Morocco and South Africa in a new face-off in which the […]

Fire breaks out at Ennahdha’s headquarters in Tunis killing one militant

One militant of Ennahdha, the largest party in Tunisia’s suspended Parliament died Thursday at headquarters of the political organization after a fire broke out of at the reception. Identified as Sami by the party leader Rached Ghannouchi, the militant set fire to himself in distress causing the fire outbreak. Ghannouchi, branded Sami “martyr” adding that […]