Africa Energy Headlines International

Senegal launches review of oil & gas deals to protect national interests

Senegal’s new government is taking a bold step to reassess its oil and gas contracts. Prime Minister Ousmane Sonko has announced the formation of a special commission tasked with reviewing these agreements. This group, made up of legal, tax, and energy experts, will scrutinize existing contracts with the aim of rebalancing them in favor of […]

Africa Finance Headlines International

Kenya to re-introduced controversial taxes at risk of igniting protests

Kenya prepares to re-introduce an amended version of the eco-levy tax that has been at the heart of popular discontent that plunged the country into violent protests this summer. Treasury Secretary John Mbadi told local media that “about 49 measures” were being considered as part of a tax amendment bill. Some of the scrapped taxes […]

Headlines Morocco

King Mohammed VI pardons over 5,500 convicts, most of whom small farmers condemned in cannabis-related cases

On the occasion of the anniversary of the Revolution of the King and the People, commemorated by Morocco on August 20, King Mohammed VI has granted pardon to 5,516 individuals, including 4,831 people who were convicted, prosecuted, or wanted in cases related to cannabis cultivation, the Ministry of Justice announced in a statement. The Ministry […]

Americas Business Emerging Markets Energy Headlines International Morocco

Morocco’s desalination projects attract $27.5 Mln private American investment

Morocco has decided to speed up desalination projects to meet growing demand for drinking water and irrigation amidst a persistent drought. By 2030, 50 pc of the country’s drinking water will be supplied by desalination plants. Several foreign investors have shown interest in Morocco’s ambitious projects, including U.S. Company “Energy Recovery” which has signed lately […]

Headlines Mauritania

Mauritania: INSAF National Council elects Sid Ahmed Ould Mohamed as party president

The National Council of the INSAF party elected at its extraordinary session held in Nouakchott on Friday Sid Ahmed Ould Mohamed to the post of party president, succeeding Mohamed Malainine Ould Eyih. The new party president said that the trust placed in him by the party and the choice he had been honored with were […]

Finance Headlines Libya

Libya’s Central Bank suspends operations following the “kidnapping” of an employee

The Central Bank of Libya (CBL) said on Sunday August 18 that it had suspended all operations in the country, after one of its employees was “kidnapped” by unidentified individuals. “The Central Bank of Libya condemns the kidnapping of the Director of the Information Technology Department, Musab Musallam, by an unknown person in front of […]

Africa Columns Headlines International Maghreb Morocco

South Africa’s ideological anachronism on Sahara issue

Since the death of Mandela, South Africa’s ruling party, the ANC, has failed to deliver on its promises at home, opting instead to gear attention to foreign issues, such as the Sahara issue opposing Morocco to Algeria’s Polisario proxies. After the end of apartheid, the ANC as an ideological movement sought to perpetuate its struggle […]

Columns Headlines Tunisia

On the footsteps of Algeria, Tunisia stages a ‘one-man show’ election

Since the advent of the Tebboune/Chengriha duo, Algeria had only a sole diplomatic success: vassalizing Tunisia and molding it into its own image of an autocracy with a one-man show election. Tunisia’s strong man kais Saied has reduced Tunisia into a vassal state acting on orders from Algiers. His regime has even allowed Algerian agents […]

Africa Headlines International Portrait

Equatorial Guinea: Manuel Osa Nsue Nsua appointed new Prime Minister

Equatorial Guinea has a new Prime Minister. President Teodoro Obiang Nguema appointed Central Bank Director Manuel Osa Nsue Nsua on August 17, according to a decree issued almost three weeks after the resignation of the previous government, which he had deemed “ineffective”. A young banker to manage the government, that’s the choice of the president […]

Africa Community Headlines International

Southern African drought affects 68 million people- regional grouping says

Nearly 68 million people in southern Africa are suffering from the impact of drought and are in urgent need of humanitarian aid, The Southern African Development Community (SADC) said. The ongoing El Niño-induced drought, left 17% of the Southern African population grappling with severe food shortages due to declining crop and livestock production, which has […]