Mauritania
IMF disburses $49 million to Mauritania
This week the IMF Board of Directors approved a $49.2 million disbursement after concluding the Fourth Reviews of Mauritania’
1 min read
Spanish news outlet ECOtcias has reported that the British exploration firm, Europa Oil & Gas, announced finding reserves estimated at 1 billion tons within the Inzegane permit area. Europa Oil & Gas holds a 75% stake in the permit, with the remaining 25% owned by Morocco. Located just 200 kilometers from the Canary Islands and 100 kilometers from Spain’s maritime boundary, the discovery could bolster the company’s fortunes after a disappointing financial year. It could also bolster Morocco’s energy portfolio.
Read next
Mauritania
IMF disburses $49 million to Mauritania
This week the IMF Board of Directors approved a $49.2 million disbursement after concluding the Fourth Reviews of Mauritania’
Morocco
Morocco signs deal to modernize its fleet of C-130 Hercules transport aircraft
Morocco has entered into an agreement with U.S. aerospace company L3Harris to modernize its fleet of C-130 Hercules transport
Algeria
Sources: French-Algerian writer Boualem Sansal jailed in Algeria won't appeal his sentence
Supporters close to French-Algerian writer Boualem Sansal said on Saturday that he had "given up his right to appeal&
Morocco
IFSB Sec-Gen: Morocco well positioned to become regional Islamic finance hub
Speaking on the sidelines of the 23rd Islamic Financial Stability Forum, held this week in Rabat, Ghiath Shabsigh, Sec-Gen of