Morocco

Morocco’s economy is more robust than that of many of its neighbors. Growth averaged 4% between 2009 and 2015. But it fell last year as the deficit doubled. Recent protests highlight social tensions fueled by high youth unemployment.

Morocco imported 109mn cfd of gas from Algeria in 2016 and Q1 2017, some 93% of the country’s consumption. In...

Five consortia have qualified to bid for the first phase of a large solar project that will combine PV and CSP technology with Morocco lining up $2.2bn of finance.

Swiss trader Glencore and US fund manager Carlyle (see left) are teaming up to buy Morocco’s shuttered 200,000 b/d Mohammedia...

Morocco is stepping up plans for a 5 bcm/year LNG import terminal at the Jorf Lasfar port, which became sidelined...

Saudi private developer Acwa Power has started building the Noor-4 solar photovoltaic (PV) power plant at Ouarzazate at the edge...

Canada-listed and Egypt-focused SDX on 27 January completed the $30mn acquisition of rival Dublin-listed Circle Oil’s Egyptian and Moroccan assets...

Canadian-listed but Egypt-focussed minnow SDX is looking to take over Dublin-listed rival Circle. Circle is the larger company in output...

The European Bank for Reconstruction and Development (EBRD) and the World Bank’s International Finance Corporation (IFC) have driven $2.35bn in...