oil_gas_drilling

Morocco Tightens Controls on Municipal Subsidies to Combat Electoral Manipulation

Moroccan authorities have implemented stringent measures limiting political intermediaries’ influence in local elections, targeting irregularities in association subsidies and temporary worker contracts managed by municipalities, according to daily newspaper Assabah. The measures aim to break monopolies certain elected officials previously held over decisions regarding association subsidy allocation and temporary worker contract renewals within local authorities. […]

Morocco’s competition council fines fuel distribution companies $180 mln for price fixing

Morocco’s competition council issued a fine of 1.8 billion dirhams or 180 million dollars against nine fuel supply, distribution, and storage companies for their failure to respect fair competition standards in the county. The council did not unveil the name of the nine companies in its statement but said it had reached an agreement with […]

Namibia: how Africa’s newest petro-state can avoid resource curse

Last year’s discovery off the shores of Namibia of an estimated 11 billion barrels of crude holds the promise of untold riches for this nation of 2.7 million people, but capitalizing on the bounty while avoiding the ills that afflict resource-rich countries in Africa — a phenomenon known as ‘resource curse’ — may prove challenging. […]