Business & Economy Bound

"force majeure continues on the oil fields and ports that confirmed the presence of elements of Wagner gangs and other armed groups that impede the activities and operations of the National Oil Corporation". Libya's state oil firm lifted force majeure on what it...

Libyan strongman Khalifa Haftar announced Friday a conditional lifting of a months-long blockade on oilfields and ports by his forces. "We have decided to resume oil production and export on condition of a fair distribution of revenues" and guarantee they "will not be...

Sidi Bel Abbes, Algeria - Algerian winemaker Dahmane Hamamouche used to rise early and rush to work each morning, but he no longer bothers, as his firm chokes on a cocktail of woes. Long accustomed to nasty surprises including unpredictable weather patterns and...

The Moroccan economic sector is struggling with the effects of Covid-19. Some businesses are being punished for breaching the confinement rules, others are on the brink of bankruptcy, with the prospect of seeing hundreds of thousands of people out of work. For lack of...