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DRC: France’s Perenco SA to build 100 MW gas-fired power plant
Congo’s sole crude producer, France’s Perenco SA has announced that it will start constructing a 100 megawatt gas-fired power plant on the Atlantic coast. The construction of the power plant is part of the emergency plan of the Democratic Republic of Congo’s new president, Felix Tshisekedi, which aims among other things to increase access to […]
Fuel Prices Surge Again in Morocco as Middle East Tensions Drive Up Energy Costs
Moroccan motorists and transport operators faced a fourth fuel price increase in as many months on April 1st, as distributors raised pump prices with effect from midnight. Diesel rose by approximately 1.70 dirhams per liter, bringing it to around 14.50 dirhams, while unleaded petrol increased by 1.57 dirhams to reach approximately 15.50 dirhams. The adjustment […]
Morocco’s growth to rebound to 4.5 pc in 2021; Kingdom to repay part of LPL in advance – IMF
Morocco’s GDP growth is expected to increase to 4.5 percent in 2021 as the effects of the drought and pandemic wane and monetary and fiscal policy remains accommodative, announced on Wednesday the International Monetary Fund. In a press release issued after concluding 2020 Article IV Consultation with Morocco, the IMF Executive Board also said that […]


