Energy Europe Finance Headlines International Morocco

Chariot raises $15 Million in funds for a new onshore gas drilling in Morocco

Chariot, a London-listed, Africa-focused energy company, announced on Tuesday it has raised $15 million (£11.7 million) for its onshore drilling operation in Morocco. The company said the funds were raised through the placement and subscription of 89.6 million shares at an issue price of 14 pence per share, according to a statement from Chariot posted […]

Africa Features Headlines International

Three killed in helicopter crash in DRC

Three expatriates operating a helicopter died Tuesday after the aircraft crashed a few minutes after takeoff in the town Kambove, in the Haut-Katanga Province of the Democratic Republic of the Congo, reports say. A French pilot and a South African administrator and a Polish executive in charge of security were found dead after their helicopter […]

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Emirati Invictus planning to invest heavily in Africa, Morocco on top of list

Emirati Invictus Investment Company has announced plans to invest over $272 million on its expansion into North and East Africa with a focus on Morocco thanks to its political stability, geostrategic position, incentives to investors and competitive economy. In a press release issued Monday, the Dubai-based company said the expansion will be made through acquisitions […]

Africa Headlines International Morocco

Angola supports mutually acceptable political solution to Sahara issue

Angola says it supports a political solution based on compromise to the Sahara regional conflict. In a joint statement issued Tuesday in Rabat following the 3rd meeting of the Moroccan-Angolan Joint Cooperation Commission, Angolan foreign minister Téte Antonio said his country encourages the efforts made by the UN Chief and his personal envoy, Staffan De […]

Europe Headlines International Morocco

World Para Athletics Championships: Morocco’s Fatima Ezzahra Idrissi Breaks 1500m World Record

Moroccan para-athlete Fatima Ezzahra El Idrissi has cracked the 1500 m world record at the 2023 World Para Athletics Championship taking place in Paris July 8 – 17. Fatima Ezzahra won gold in women’s 1500m T12, setting new world record at 4:22.15. American athlete Liza Corso ranked 2nd followed by Tunisia’s Somaya Bousaid. The Paris […]

Africa Features Headlines International

UN Peacekeeper killed in an attack in CAR

A Rwandan soldier of the UN Peacekeeping mission in the Central African Republic (MINUSCA) was killed Monday in an attack during a patrol. “Earlier today, a peacekeeper from Rwanda was killed when his unit came under attack by members of an unidentified armed group” during a patrol in the village of Sam-Ouandja, in the eastern […]

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Niger apprehends two IS-GS leaders near Burkina Faso’s border

Nigeriens armed forces have arrested two senior members of Islamic State in the Greater Sahara (IS-GS) near the border with neighboring Burkina Faso, reports say. The militants are Abou Maryam aka +Zaïd+ and Sita Ousseini aka Loukoumane. Both, media note citing a Nigerien security source, have been on a wanted list. +Zaid+ was arrested on […]

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BADEA loans Côte d’Ivoire $75m for construction of 7,500 social houses

The Arab Bank for Economic Development in Africa (BADEA) and Cote d’Ivoire signed Monday a loan agreement worth $75 million to be used for the construction of 7,500 social and economic houses to address the housing crisis dogging the West African country. Sidi Ould Tah, Director General of the bank and Adama Coulibaly, Finance Minister […]

Africa Headlines International Morocco

Guinea’s Consul General Soriba Camara installed in Dakhla

Soriba Camara was officially installed as Guinea’s Consul General in Dakhla at a ceremony that took place on Monday in the presence of Guinean Foreign Minister Morissanda Kouyaté. The ceremony took place on the sidelines of the 7th Morocco-Guinea Joint Cooperation Commission, held in Dakhla under the co-chairmanship of Kouyaté and his Moroccan peer Nasser […]

Energy Headlines International Morocco

Morocco’s Masen picks six consortiums in pre-qualifications to build 400 MW solar plant

Morocco’s agency for sustainable energy unveiled a list of six consortiums pre-qualified to build the second phase of Midlet solar plant for a total capacity of 400 megawatts. Morocco’s Nareva, an offshoot of Al Mada investment fund, is in the same consortium led by Belgium’s International Power in the project known as Noor Midelt II. […]