Business Emerging Markets Energy Headlines International Morocco

ICSID rejects most Corral Holding’s claims in Samir refinery case

the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank rejected most of the claims of Corral Morocco Holding, owned by Saudi billionaire Al Amoudi in a case filed against the Moroccan government over the shut-down of Samir refinery. The arbitration institution ordered Morocco to pay just 6% of the total 2.7 […]

Africa Headlines International

Terrorism spilling over from Sahel to coastal West Africa- UN warns

The “pervasive threats” of terrorism and organized crime are spilling over from the conflict-stricken Sahel to more stable coastal areas in West Africa, a UN envoy said. Terrorist groups sprouting from the Algerian civil war legacy found safe haven in the vast desert swathes of the Sahel where they acted in connivance with trafficking groups […]

Columns Headlines Tunisia

Tunisia’s Kais Said busy silencing rivals ahead of presidential elections

Tunisian autocrat Kais Saied is intensifying crackdown to silence potential rivals as he seeks re-election in the presidential elections due in October. The president has ordered a campaign against critical voices in the media and civil society, drawing criticism from rights watchdogs. The most recent measures against political opponents included the arrest of Lotfi Mraihi, […]

Emerging Markets Headlines Morocco

Morocco’s farming sector to the test of drought

Six consecutive years of drought left Morocco’s agricultural dams at a critical filling rate, prompting a halt of irrigation in key farming areas. This year’s cereals harvest is expected to drop 43% to 3.12 million tons only, due to a lack of rainfall that induced a reduction in the cultivated area. Rainfall was down 34% […]

Africa Asia Business Energy Headlines International

China’s oil imports from Africa plunge amid shift to suppliers in Gulf, Asia and Russia — report

Africa once accounted for more than a third of Chinese oil imports, but now major African oil suppliers are struggling with declining production and exports to China that has found other markets due to geopolitical considerations, infrastructure issues, and domestic political problems, according to a recent report by the Carnegie Endowment for International Peace. China […]

Africa Energy Headlines International Morocco

Morocco donates 9 high-voltage generators to Niger, confirming its African solidarity

Morocco has donated Niger nine high voltage generators to support the West African country efforts to improve electricity access and services to homes and businesses for better economic growth and development. According to press reports, the 22.5 megawatt generators were received by Niger’s Energy minister, Pr. Amadou Haoua. The Moroccan donation, which reflects the strong […]

Algeria Columns Headlines

Fearful of a new Hirak, Algeria bans music festivals

The Algerian regime has banned all music festivals across the country under the pretext of “solidarity with Gaza,” in a decision that many analysts see as a pre-emptive move to avert a return of the pro-democracy protests, known as the Hirak. The decision came just after Tebboune officially announced his -expected- bid to run for […]

Africa Community Headlines International

Sudan’s infighting triggers worst internally displaced crisis in the world

At least 9.1 million Sudanese civilians have been forced to internal displacement following 14 months of a civil war that shows no end in sight, according to UNHCR figures. “Sudan now has the largest internally displaced population ever reported,” UNHCR said in a recent report. Some 2 million people managed to flee to neighboring countries, […]

Africa Community Headlines International

Risk of cross border Mpox contagion looms as virus reaches eastern DRC

A deadlier strain of the Mpox virus is reported to be spreading in eastern DRC towns, nearly a year after it has been first found in the South Kivu, as doctors warn of a pandemic risk. As the virus was detected in 25 cases in the country’s restive east, there are fears it could spread […]

Americas Headlines International Morocco

King Mohammed VI expresses solidarity, empathy with Donald Trump after assassination attempt

King Mohammed VI expressed solidarity and empathy with former US president Donald Trump who survived an assassination attempt while on a rally in Butler, Pennsylvania. In a message to Trump, the King wishes Trump prompt recovery so that he can “continue to serve your great nation.” On the same occasion, the King strongly condemned political […]