Algeria will have to further tighten the belt as barrel prices drop to below $60, boding ill for its export, fiscal deficit, and social peace. Algeria has based its 2025 budget on a barrel price of $70, with over 90% of the country’s economy dependent on oil, gas and byproduct exports. International risk consultancies are […]
Morocco’s industrial and financial hub, Casablanca region, has generated a third of Morocco’s GDP or 32.2% in 2022, followed by Tangier and Rabat, indicating acute disparities in national wealth creation, Morocco’s high commission for planning HCP said. The growing industrial and tourist hub of Tangier generated 15.9%, while the capital Rabat and its region accounted […]
Morocco’s National Office of Electricity and Potable Water (ONEE) has embarked on an ambitious initiative to modernize the country’s water infrastructure supervision through a centralized digital platform, reports Les Inspirations Eco daily. The project responds to mounting pressure on water resources as the kingdom navigates persistent drought conditions and demographic challenges. The platform will aggregate […]
