Morocco keeps budget deficit in check despite rising spending in first half of 2025

Morocco’s budget deficit remained within manageable limits during the first half of 2025, despite an increase in public spending, according to new figures released by the General Treasury of the Kingdom (TGR). As of the end of June, the deficit stood at 24.8 billion dirhams, a level consistent with the targets set in the 2025 […]

ENGIE acquires Mobisol, becomes market leader in the off-grid solar in Africa

ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions, the company announced this Tuesday in a press release. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than 150,000 solar home systems, providing clean and reliable energy to over 750,000 people in […]

Royal speech hailed in France as auguring new era in Moroccan-French ties

The Speech delivered on Friday by King Mohammed VI at the opening of the Fall session of the Parliament was hailed in France as auguring a new era in Moroccan-French ties and as consolidating the dynamic momentum of bilateral relations. In his speech, the King paid a special tribute to France, which now, he said […]