EBRD new director for Morocco Antoine Salle de Chou

Oil plunge worsens Algeria’s combustible mix

Time for reform has run out for Algeria with the plunge in oil prices further worsening combustible factors of financial hardships, corrupt leadership and social dissent. Myopic to the demands of the Algerian people for reforms and better living conditions, the same old ruling military elite renewed itself with a civilian facade amid pro-democracy protests. […]

Morocco’s Energy Bill Down 30% by July

Morocco’s oil and gas imports stood at 29.394 billion dirhams by July 2016 compared to 41.947 billion dirhams the same period last year, which is a significant 30% drop, Morocco’s exchange office said in its latest statistics. Yet, despite the drop in oil prices, Morocco’s commercial deficit deepened 7.5% as imports continue to exceed exports. […]

Popular Boycott Based on Unfounded Information, Moroccan Government Says

Moroccan government has reacted to a boycott campaign that targeted three leading companies producing gas, bottled water and milk saying the boycott was based on fake news. The government’s spokesperson Mustapha Khalfi told reporters in Rabat that the campaign was based on unfounded information, saying that prices of the three products are reasonable and have […]