Moroccan economy

World Bank-IMF Annual Meetings in Marrakech Postponed to 2023

The World Bank Group-IMF Annual Meetings, initially scheduled to take place in Marrakech in October 2022, will take place in 2023, the two financial institutions announced in a press release this Monday. “The planned World Bank Group-IMF Annual Meetings that were scheduled to take place in Marrakesh, Morocco, in October 2022, will now take place […]

Niger to start exporting oil to Benin in April

Niger is expected to increase its oil production five-fold thanks to a pipeline linking the country to Benin, which will start operating in April. Niger military ruler had announced that the initial shipment would take place in January this year but sources told S&P Global Commodity Insights that first oil deliveries will only take place […]

Algeria loses about $100m over poor quality of Sonatrach’s petroleum products

Algeria’s energy giant Sonatrach has suffered a new setback after Turkey rebuffed two shiploads of liquefied natural gas (LNA) worth around $100 million after the discovery of oil in the load, Algerie Part Plus reports. Sonatrach, after it lost its biggest customers, namely the Spanish electricity companies, and Electricité du Liban that accused it of […]