Once the largest economy in the continent, South Africa reels under infrastructure degradation that risks ditching the country’s economic growth, according to S&P Global Market Intelligence. Infrastructure dysfunctions, notably irregular electricity, supply hit production at Africa’s most industrialized nation, stoked unrest and worsened the country’s macroeconomic balances. Thea Fourie, Director for Sub-Saharan Africa Economics and […]
The Africa-focused energy group Chariot has has announced a material increase in its gas resources offshore Morocco, validating its decision to fast-track its field development plans for the Anchois gas project in Larache. On Wednesday, Chariot shared the results of an independent assessment by Oil & Gas consultant Netherland Sewell & Associates which has reviewed […]
King Mohammed VI inaugurated Thursday in Agadir the Souss-Massa City of Innovation, a regional version of the Industrial Acceleration Plan, launched by the sovereign on January 28, 2018. This new City, which required a 42 million DH investment, is meant to be a real lever for the emergence of Research & Development and a […]
