Dakhla

Morocco’s Macroeconomic Conditions Propitious for Dirham Float

Morocco’s Central Bank announced that measures will be gradually taken to ensure a more flexible exchange rate of the Dirham amid promising macro-economic conditions marked by low oil prices and increasing demand on phosphates. The floating of the pegged dirham was encouraged by the IMF which sees in a more flexible exchange regime a move […]

Morocco, Tunisia two islands in a military ocean

Morocco and Tunisia are two success stories of the Arab Spring. They are two countries struggling to establish democratic rules in a regional environment plagued by the rise of the military as a kingmaker. In Algeria, the army scapegoated an ailing president and is currently trying to refurbish its facade despite mounting popular protests. In […]

ENI starts oil and gas production offshore Côte d’Ivoire

Italian energy giant ENI started phase 2 of oil and gas production in the offshore Balaine field, which helps Côte d’Ivoire consolidate its role as a producing country on the global energy scenario, strengthening access to energy on a national scale. “Thanks to this milestone, production will reach 60,000 barrels of oil per day and […]