First Independent Mena Newspaper
Libyan Prime Minister Abdul Hamid Dbeibah officially circulated a decision to dismiss Mohammed Oun from his role as Minister of Oil and Gas to the Energy Council (the Ministry of Oil, and the National Oil Corporation). In response, Oun issued a public statement on November 28, asserting that the dismissal was invalid. He revealed that […]
Four executives from the Barrick Gold Corporation have been detained in Mali, the Canadian mining company has confirmed, adding that all these employees of its Loulo-Gounkoto mining complex had been charged and detained pending trial. The arrests come as the Sahel country’s military regime intensifies efforts to impose additional taxes on foreign mining companies by […]
Al-Waha Oil Company has achieved its highest oil production level in over 11 years, according to an announcement by the National Oil Corporation (NOC) on Wednesday, November 27. Daily production for Al-Waha reached 350,549 barrels of crude oil, contributing significantly to Libya’s total crude output of 1,380,470 barrels over the past 24 hours. Additionally, Libya’s […]
The United Nations Postal Administration (UNPA) issued stamps on 26 November to commemorate World Sustainable Transport Day featuring six high-speed trains, including Al Boraq operated by Morocco’s national railway company. “Al Boraq”, the first of its kind in Africa, links the industrial hubs of Tangier to Casablanca through Kénitra and Rabat. The train travels at […]
Morocco plans to launch in 2025 the first tenders for the initial phase of a major gas pipeline that will connect Nigeria to the Kingdom, state hydrocarbons and mines agency ONHYM said. The tenders will cover the Moroccan part of the pipeline, Asharq Bloomberg reported citing an official document. The first phase of the pipeline […]
African and other developing nations have rejected as “insufficient” a $300 billion deal on climate finance that was agreed by negotiators at the United Nations’s COP29 climate talks in Baku, Azerbaijan, to help developing nations adapt to climate change. Richer nations agreed to pay at least $300 billion annually until 2035 to help developing countries […]
Time has come for the UK government to recognize Morocco’s full sovereignty over its entire Saharan territory following in the footsteps of key allies, including the United States, France, Germany and Israel. In an Op-Ed published in online platform “Comment Central”, Harry James Richer, a foreign policy analyst, said such recognition would positively contribute to […]
As China has come to dominate global supply chains for critical raw materials (CRM) over the last two decades, the European Union and the United States have played a catch-up in race for the control of the CRM supplies — with African countries being “caught in the cross-fire”. Faced with China’s lithium mining head-start, the […]
The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]
Morocco’s booming EV battery industry positions the country to become an export hub to the EU and the US by 2030, said a report commissioned by the UK government under its Manufacturing Africa program. Morocco “could competitively produce and export LFP batteries to Europe by 2030 at USD 68-72/kWh. This could generate USD 10-15 billion […]