economy upfront Bound

The first shipment of liquefied natural gas (LNG) from the Grand Tortue Ahmeyim (GTA) project, located offshore between Mauritania and Senegal, has been successfully loaded for export, marking a key milestone for both countries as they join the ranks of LNG-exporting nations.

Morocco is rapidly expanding its railway infrastructure ahead of co-hosting the 2030 FIFA World Cup with Spain and Portugal, securing nearly $3 billion in financing for 168 new trains. Foreign companies from France, Spain and South Korea are lined up to deliver and install the trains.

Algeria has inaugurated the first of five planned seawater desalination plants in Cap-Blanc, Oran, as part of an emergency initiative to address severe water stress and the future impacts of climate change.

TotalEnergies has exited Mali, finalizing the sale of its operations to Coly Energy Mali, backed by Bénin Petro. While no official explanation was provided, it is likely that tensions with Mali’s ruling junta may have played a role. Sources say that persistent tax pressures and recurring labor strikes may have influenced the company’s decision.