The court of Marrakech has dismissed the complaint from the Moroccan Association for citizen protection (AMDC) against the movie “Much Loved” indicating that the association was “not recognized as a public service and could thus not engage any legal proceedings”. AMDC filed many complaints against movie director Nabil Ayouch, the main actress, Loubna Abidar, and any other person to have...

The prices of crude oil increased on Friday on talks of a coordinated production cut by the energy minister of the United Arab Emirates but analysts still believe it is unlikely and the supply glut will continue. International benchmark Brent crude increased by 3.6 % at $31.15 per barrel. According to the United Arab Emirates’ energy minister, Suhail bin Mohammed al-Mazrouei, the...

The Fashion Days for Unity for the first time ever will be held in Africa, Congo. The meeting which will reunite small African artisans and actors of the African fashion industry will give the artisans a chance to get introduced into the traditional economic system. Home to Fashion and High Couture, the first African edition of the fashion Days for Unity will take place on June 17 and 18 in...

In Nigeria, a visiting German trade delegation has shown interest in the country’s gas supply. According to the delegation which was led by the Vice Minister for Economic Affairs & Energy and Member of the German Parliament, Uwe Beckmeyer, Germany plans to develop business relationship in order to fast-track the supply of Liquefied Natural Gas (LNG) particularly in ship building...

The Department of Science and Technology (DST) in collaboration with the Offshore Petroleum Association of South Africa (Opasa), have entered into a Memorandum of Understanding (MoU) for the just launched South African Marine Research and Exploration Forum (Samref). The forum, revealed that the B3 element of Operation Phakisa has been initiated. The operation focuses on the use of offshore oil...

The Ghanaian Government has vowed to work towards ensuring that the dismissals by oil firms in the country which is caused by the drop in crude oil prices does not affect Ghanaian workers unjustifiably. According to the Petroleum Minister, Emmanuel Armah-Kofi Buah, although government acknowledges that these job reductions are required, caution should also be an important factor. “What...

At the end of 2014, the international debt of sub Saharan Africa (South Africa excluded) reached $402 billion, an update published by World Bank revealed. This volume exceeds that of Middle-east and Northern Africa ($187.8 billion) but is still lower than that of developing countries ($5,393 billion). Though making only 24.5% of national gross income, the sum, over the period considered,...

Mauritian state-owned firm, Air Mauritius announced published a release on February 11 stating it has generated €7.22 million pre-tax profits during the first nine months of the 2015-2016 fiscal year ending on March 31st, for a loss of €8.95 million over the same period the previous year. This performance is mainly due to the rebound in the firm’s activities during Q3 2015....

DRC has finally decided not to revise its 2002 mining code. The government made the announcement during the Mining Indaba Forum in Cape Town and directed toward the mining industry. The decision resulted from complaints regarding an increase of tax and royalties, adoption of tax on super profits, consolidation of tax base of mining companies and increasing royalty rates. Many changes that these...

Kenyan electricity exports to Tanzania and Uganda have almost doubled in 2015 compared to the year before. Indeed, the nation has sold the two countries 46.6 million kW in 2015 against 26.9 million kW in 2014, official statistics reveal. This was possible because of the entry into service of new geothermal power stations which added 280 MW to national grid during second half of 2014. Moreover,...