Business & Economy Bound

Mali’s new leaders are unflinching in face of economic turmoilF

By Amaury Hauchard: Mali's ruling military junta has appeared unflinching so far in the face of economic sanctions imposed a month ago by the country's West African neighbours, despite indications the measures are beginning to bite. In response to the junta postponing...

Energy: Morocco secures gas supply from SpainF

Spain on Thursday said it would help Morocco ensure its energy security by allowing it to transport supplies through the Maghreb-Europe gas pipeline (GME) following a supply crisis with Algeria. "Morocco has asked for support to guarantee its energy security on the...

Business: Production in four Libyan oil fields resumesF

Production has resumed at four key oil fields in war-torn Libya after a three-week shutdown by gunmen linked to Libya's Petroleum Facilities Guard, the group said Tuesday.  The PFG-affiliated fighters had closed the Sharara, Al-Fil, Al-Wafa and Al-Hamada fields in...

Business: Egypt says it earned more than $6 billion in Suez Canal transit feesF

Egypt's Suez Canal Authority said the key waterway netted record revenues last year, despite the coronavirus pandemic and a six-day blockage by giant cargo ship the Ever Given. Connecting the Red Sea and the Mediterranean, the canal accounts for roughly 10 percent of...

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