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About North Africa Risk Consulting

North Africa Risk Consulting, Inc. is a political risk firm specializing exclusively in North Africa & the Sahara. NARCO helps firms navigate Maghreb markets. Ongoing events in North Africa and the Sahara have heightened the need to understand political circumstances, their trajectories and implications for the commercial environment. Learn more about North Africa Risk Consulting.

NARCO CLOSEHOLD: Of Earthquakes and Frogs in Algeria

Sorry, folks, no teaser on this one...

NARCO RoundUp (DEC17)

As 2017 winds down and 2018 gears up, NARCO takes a look back at what happened in Algeria, Libya, and Morocco last year and what’s likely to happen next year. Not surprisingly, there were no dramatic changes in trajectory in any of the three countries – with each pursuing foreseeable paths. Next year, though, “a change is gonna come,” and we could see meaningful developments in politics in Algeria and Libya, and hydrocarbons in Morocco.

NARCO CLOSEHOLD: The Nouakchott Hustle

ExxonMobil signed an exploration deal this week for three offshore blocks. Although the terms are not yet public, Nouakchott is murmuring that XOM paid a US$70 million signing bonus. That’s big. Especially for a country with a 2016 GDP of US$4.6 billion. But the Exxon deal isn’t the only thing happening in Mauritania these days. Extractive industries in general are booming and Nouakchott is bouncing.

NARCO CLOSEHOLD: This Time's Different. No, Really. It Is.

So here we are again. Algeria says it wants to – no, it says it has to – exploit its enormous shale gas potential. Sure. This feels very much “been-there-done-that.” But this time’s different. No, really. It is. And here’s why...