Tindouf camps

Morocco’s Currency Reform, on Right Track- IMF

Few weeks after the launch of the gradual Dirham float, The International Monetary Fund has advised Morocco to maintain the current reform pace with a view to strengthening the economy’s competitiveness. “Unlike other emerging economies, Morocco didn’t loosen currency restrictions under pressure, so authorities can take their time with future steps,” Nicolas Blancher, the IMF’s […]

Sound Energy Receives Approval to Expand Sidi Mokhtar Onshore Licenses

Sound Energy PLC has won regulatory approval from Moroccan authorities to take control of 75% interest in the Sidi Mokhtar onshore licenses. Sound Energy, the African and European focused upstream gas company, said in a statement that the deal consists of three onshore gas permits (the “Sidi Moktar Licenses”) covering 2,700 square kilometres in the […]

Writer Boualem Sansal imprisoned in Algeria for saying historic truths

Since his arrest on November 16 in Algiers, French-Algerian writer Boualem Sansal has been behind bars without a trial. His arrest came after an interview with a French media in which he said historical facts about the artificial borders of the post-colonial Algerian state. In a country where demonizing Morocco is the currency of the […]