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France refuses to extradite former Tunisian President Marzouki sentenced to four years in prison

Ex-Tunisian President Mohamed Moncef Marzouki has revealed French authorities have turned down Tunisia’s request to extradite him after he was condemned to four years in prison in December on charges of plotting against the North African country. Marzouki indicated that he has been subjected to an international arrest warrant issued by Tunisian authorities. The former […]

Business Europe Features Finance Headlines International Libya

Belgium issues international arrest warrant against Chairman of Libya’s Investment Authority

The Belgian judiciary wants the Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud arrested on charges of corruption and embezzlement, Libya Observer reports, citing Belgian magazine “De Tijd”. Mahmoud is subject to an international arrest warrant and could be arrested if he leaves Libya and the warrant aimed at investigating lost interest on the […]

Business Emerging Markets Energy Headlines Maghreb Morocco

Significant Gas Discovery in Morocco’s Offshore

Chariot energy company announced this Monday a major gas discovery offshore northern Moroccan city of Larache, following appraisal and exploration drillings carried out at the Anchois-2 well within the Lixus licence. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a […]

Americas Business Headlines International Morocco

Morocco’s exports to Brazil increase to a record level of about $2billion

Morocco’s exports to Brazil have reached a record level estimated at about $2 billion in 2021, according to data of the Brazilian Ministry of Economy. The data suggest that Morocco has exported products worth more than $1.9 billion to the Latin American country, which represents a record level never reached before since 1997 when Moroccan […]

Algeria Business Editorials Finance Headlines Opinions

World Bank deplores Algeria’s denial of its bleak economic outlook

After a series of attacks by the Algerian government through its official media, the World Bank has responded in a well-thought statement that defended its latest data-based report warning on worsening poverty and economic conditions in Algeria. The official mouthpiece of the military regime in Algeria has published at least three articles in which it […]

Americas Headlines International Morocco

COVID-19: Morocco authorizes emergency use of Merck’s Molnupiravir

Morocco has authorized the emergency use of Molnupiravir, becoming one of the first countries in the world to approve this antiviral drug developed by the US pharmaceutical company Merck. The announcement was made by Director of Medicines and Pharmacy at the Ministry of Health and Social Protection, Ms. Bouchra Meddah. The protocol for the treatment […]

Community Headlines Morocco

Omicron dominates Morocco’s new Covid-19 infections

Within a few days after Morocco reported the first Omicron case, the new variant now represents over 70% of new cases in the country with the peak of the new wave expected to be reached within two weeks, according to health ministry officials. Morocco is now recording some 6000 cases daily compared with some 100 […]

Algeria Headlines Maghreb Mauritania Morocco

Sahara: UN Envoy Staffan De Mistura preparing his 1st regional tour

As his predecessors, the new UN envoy for the Sahara, Staffan De Mistura, is expected to head shortly to the North African region for consultations with the parties to the Sahara conflict: Algeria, Morocco, Mauritania and the Polisario. The UN envoy “is actively preparing his first regional tour”, has said lately Stéphane Dujarric, Spokesman for […]

Africa Comments Community Headlines International Morocco

Libyan Central Bank contradicts government 2021 expenditure figures

The Central Bank of Libya, CBL, published Thursday the government expenditures for 2021 standing at $24.5 billion (85.8 billion Libyan dinars), higher than what figures posted by the cabinet of Prime Minister Abdulhamid Dbeibeh, Libya Update reports. The CBL’s publication comes hard in the wake of announcement by the Government of National Unity (GNU) that […]