If not carefully managed and assessed, a surge in renewable energy development in Morocco could lead to a «resource curse», a new study warned.
Morocco is ranked as the most attractive country in Africa and in the MENA region by the EY’s Renewable Energy Country Attractiveness Index.
While trying to diversify energy resources, Morocco is attracting oil and natural gas investors. According to a Forbes analyst, the Kingdom’s plan might create obstacles for these foreign oil and gas exploration and production companies.