Spending as part of the compensation fund subsidizing the prices of fuel, wheat, sugar, and butane gas more than halved to 4.5 billion dirhams in the first quarter this year, auguring well for state finances, according to the finance ministry. Subsidies including cash handouts to transport professionals stood at 44 billion dirhams last year due […]
A final deal involving all countries that will benefit from the gas pipeline that will connect Nigeria to Morocco is expected by year’s end, head of Morocco’s mines and hydrocarbons agency ONHYM Amina Benkhadra said. The project has been spearheaded by Morocco’s King as a key component of the Kingdom’s south-south cooperation approach. It has […]
Amethis MENA Fund II, which is exclusively dedicated to North Africa and the Middle East, has announced the signing of a majority investment in Magriser Group, one of the pioneers in the distribution and installation of turnkey micro-irrigation and solar pumping systems in Morocco. This is the first operation of Amethis MENA Fund II, dedicated […]
