Horst-Koehler

Morocco’s economic growth to pick up in 2020 after 2.6% in 2019- Central Bank

Morocco’s economic growth is expected to fall to 2.6% in 2019 after lower rainfall affected crops, the central bank said, noting that growth would increase to 3.5% in 2020. The central bank, known as Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% while promising to carry out action to promote entrepreneurship. Holding […]

Britain’s Xlinks tenders for technical study on undersea cable link with Morocco

British energy start-up Xlinks has tendered for a geophysical and geotechnical study on the route to be taken by a 3,800 Km-long undersea electricity cable connecting Morocco to the UK. The undersea cable will be the longest of its kind and is intended to cross offshore Morocco, Portugal, Spain and France before reaching the UK. […]

SDX Energy Announces New Gas Discovery Onshore Morocco

British company SDX Energy has announced new gas discovery in the onshore drilling operation conducted in Morocco. “We are pleased to be announcing another successful result from our Moroccan drilling campaign,” said chief executive Paul Welch oil and gas operations. The new gas discovery was made in the KSR-15 well at the Sebou project. The […]