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Morocco, third destination for remittances from African diaspora in 2021 – World Bank

The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the continent, right behind Egypt and Nigeria, a World Bank report revealed. Compared with last year data, Morocco will witness a 25.76 per cent increase, according to data published in the […]

Spain, Morocco reinforce electric interconnectivity

The third electricity link between Morocco and Spain will have a capacity of 700MW bringing the combined commercial capacity of all links to 1500 MW, Spanish grid operator Red Electrica de Espana said. An agreement was signed in that regard last week at a ceremony in Rabat chaired by King Mohammed VI and his guest […]

Algeria postpones visit of Spanish FM to protest Spain’s support for Morocco

Algerian foreign ministry unilaterally postponed a planned visit by Spanish foreign minister Arancha Gonzalez in what appears as a reaction to Spain’s support for the Moroccan position on the Sahara issue. Spain has recently taken stands that Morocco welcomed and has abstained from expressing support to the referendum option for the area, which the UN […]