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King Mohammed VI urges speeding up desalination projects powered by clean energy

King Mohammed VI underscored the need to address the water challenge by speeding up desalination projects that are powered by renewable energies. In a speech on the 25th anniversary of his accession to the throne, the King underscored the pressing need to take “urgent, innovative steps in order to avoid water shortages,” following six years […]

King Mohammed VI hails quality of Morocco-UNESCO partnership for safeguarding intangible cultural heritage

King Mohammed VI has hailed the quality of the partnership existing between UNESCO and Morocco, and the excellent collaboration between the UN Organization and the Kingdom for safeguarding the intangible cultural heritage and the preservation of culture and traditions that are transmitted from generation to generation. This came as the Sovereign was greeted this Monday […]

“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook

The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September). African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 […]