Morocco-Exports

Commercial court fine deepens Maroc Telecom’s debt

Maroc Telecom reported a soaring debt to 23 billion dirhams, up 32.1% as a result of the compensation it was asked to pay to its competitor Inwi for violating fair competition rules. In July, a commercial court in Casablanca upheld a first instance verdict that found Maroc Telecom guilty of violating free competition rules and […]

Mauritius signs UN-backed BBNJ Treaty

Mauritius’s Prime Minister Pravind Kumar Jugnauth signed, on the sidelines of the UN General Assembly, the Marine Biodiversity of Areas Beyond National Jurisdiction (BBNJ) aiming at ensuring the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction, for the present and in the long term. Through effective implementation of the relevant […]

São Tomé and Principe: AfDB approves €12.46 million to support energy transition

The African Development Bank (AfDB) Group has approved €12.46 million to support the Energy Transition and Institutional Support Program (ETISP) of São Tomé and Principe. The financing cover the major part of the program, which costs around €13 million. The rest of the funding will be supplemented by the government, according to AfDB. The project […]