NARCO ANALYSIS: Solving for X, Y, and DZ


The stultifying miasma of political risk that enshrouded Algeria for most of 2019 is gone. The pre-Hirak political system has seemingly crossed the Rubicon.

NARCO ANALYSIS: Hirak's Last Hoorah


Three more days until Algeria’s contentious presidential election. The mood hangs heavy, urgent, resigned, and relieved...

NARCO RoundUp (NOV19)


The NARCO RoundUp has a newer, fresher (and less retro) format, but still the same pithy content and analysis. No fluff. No filler. Enjoy the new NARCO look. Your feedback is always appreciated!

NARCO REPORT: Algeria's State of Play, Stakeholders, Trajectories, and Implications for the Oil & Gas Sector


North Africa Risk Consulting is now offering a new report examining the state of play in Algeria, new stakeholders, future trajectories, and implications for the hydrocarbons sector under a new presidential administration.

NARCO ANALYSIS: Algeria's New Hydrocarbons Law & New Oil Boss


Algeria has a new hydrocarbons law and Sonatrach has a new CEO. NARCO readily acknowledges when it’s been wrong, and the flip side of that (however unbecoming) is taking victory laps when it’s right...

NARCO RoundUp (OCT19)


Happy Halloween, Toussaint, and Algerian Independence Day! There were no real changes in Algeria, Libya, or Mauritania’s trajectories over the last month. Next month, however, will be different. Algeria prepares for presidential elections, Libya enters the eighth month of civil war, and Mauritania’s president marks 100 days in office.

NARCO CLOSEHOLD: A Muddle in Mauritania


How things look depends a lot on where you sit. Where you are changes your perspective. The same thing looks different, which leads to different conclusions. And in environments where it is difficult to reach out and touch that thing you’re looking at, where that thing you’re observing is ungraspable and shrouded, conclusions can become conspiratorial.

NARCO ANALYSIS: Algeria's Hydrocarbons Reform Law


Years ago, during a meeting in New York with representatives from the Algerian Ministry of Foreign Affairs, a staffer responded to a question about why Algeria does not do PR by saying, “A beautiful woman does not have to wear makeup to pick up men.”

NARCO CLOSEHOLD: Neither Over Nor On in Algeria


Although it would seem to be either over or on in Algeria, it is likely neither. The weekly demonstrations are continuing and arrests are mounting. Dialogue has stalled and the electoral process is proceeding.

NARCO Analysis: Changes to Algeria’s Economic Landscape


There are some big headline issues happening in Algeria that are sucking up a lot of bandwidth, but at the same time there are also some potentially significant economic developments that are garnering less attention.



NARCO CLOSEHOLD is timely, actionable analysis derived from discreet sources. NARCO CLOSEHOLDs are crafted as events merit. They are available to NARCO's subscription and retainer clients and on a case-by-case basis.

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