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New natural gas reservoirs off Larache, of excellent quality, Chariot company announces

The British company, Chariot Oil & Gas Chariot, has announced that the new natural gas reservoir discovered in the Anchois well off Larache is of excellent quality. The Africa focused transitional energy company said the tests carried out on these field wells revealed that methane gas would be present at more than 96% in the […]

World Bank puts growth in Sub-Saharan Africa at 3% in 2024

The World Bank revised downwards economic growth in Sub-Saharan Africa to 3% instead of 3.4%, citing the impact of the war in Sudan. The forecast is still higher than the 2.4% registered last year, thanks to increased private consumption and investment, the Bank said in a recent report. The report forecasts growth of 3.9% for […]

Morocco’s King calls for general mobilization to implement economic stimulus plan

King Mohammed VI has called for general mobilization to implement the ambitious economic stimulus plan he had announced in July to enable all productive sectors to recover from the impact of the coronavirus pandemic and to increase their ability to provide jobs and preserve sources of income. King Mohammed VI, flanked by Crown Prince Moulay […]