RABAT, Sept 19 – US-based automotive supplier Veritas has completed a new manufacturing facility in Tangier, Morocco, marking the company’s first manufacturing …
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DAKAR, Sept 19 – Senegal plans to increase the use of domestically produced natural gas in electricity generation as the West African …
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RABAT, Sept 18 – Global ratings agency Fitch Ratings has affirmed Morocco’s Long-Term Issuer Default Rating at BB+ with a Stable Outlook, …
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Economy
Nigeria’s Current Account Surplus Jumps 68% to $7.54 Billion as Oil Exports and Remittances Rise
LAGOS, Sept 18 – Nigeria’s current account surplus widened 68% to $7.54 billion in the second quarter, supported by stronger oil, gas …
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LUSAKA, Sept 18 – Vedanta’s Konkola Copper Mines (KCM) has signed a $498 million agreement with China’s NERIN Engineering to develop a …
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LONDON, Sept 18 – The World Bank Group mobilized a record volume of private capital in its 2026 financial year, with financing …
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LAGOS, Sept 18 – The sharp depreciation of the Nigerian naira between 2023 and 2024 significantly increased the contribution of foreign subsidiaries …
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JOHANNESBURG, Sept 17 – South Africa’s first proposed offshore wind farm is facing a delay after developers withdrew the project’s environmental authorization …
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CAPE TOWN, Sept 17 – South African consumer confidence improved in the third quarter, although households are expected to remain cautious with …
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ACCRA, Sept 16 – Ghana Gas is targeting a final investment decision by early 2027 on a proposed $500 million onshore pipeline …