May 5, 2021 | Algeria, Menas Associates
State-owned Sonatrach took the decision in April to revoke UK independent Sunny Hill Energy’s interest in the highly prospective Ain Tsila gas field on the grounds that Angelo Moskov — who controversially took over Irish producer Petroceltic in 2015 and changed its...
Apr 28, 2021 | Algeria, Menas Associates
It is now more than three months since 12 February when President Abdelmajid Tebboune returned home from his second period of hospitalisation in Germany where he received treatment for COVID-19, which almost killed him, and an operation on his foot which may have been...
Apr 26, 2021 | Libya, Menas Associates
On 19 April, the National oil Corporation (NOC) declared force majeure on its Arabian Gulf Oil Company (AGOCO) subsidiary operated Hariga oil export terminal in Tobruk including both production and export operations at the port. The NOC directly blamed this on...
Apr 26, 2021 | Menas Associates, Nigeria
Last month’s revelation from the National Bureau of Statistics (NBS) that Nigeria had officially exited recession — as a result of razor-thin 0.11% real GDP growth in Q4 of 2020 — has been followed by an upgrading of the International Monetary Fund (IMF) and World...
Apr 26, 2021 | Chad, Menas Associates, Sahara
The death of Chad’s President Idriss Déby threatens to plunge both Chad and the whole Sahel region into even greater insecurity. The circumstances of Déby’s death remain shrouded in mystery. It was announced on state television on 20 April but he died the previous...
Apr 23, 2021 | Menas Associates, Morocco
On 14 April the Kingdom officially inaugurated its new Social Security Programme in a launch ceremony at the Royal Palace in Fez which was presided over by King Mohamed VI. The programme — which Economy and Finance Minister, Mohamed Benchaaboun, described as a...
