water-morocco

Joint Zambia-Zimbabwe $5bn dam project near Victoria Falls approved by UN agency

A UN agency has given Zambia and Zimbabwe permission to build a $5 billion hydropower dam downstream from Victoria Falls, a UNESCO World Heritage Site, according to the authority overseeing its construction. Environmentalists have protested the 2,400-megawatt Batoka Gorge project, which is located 47 kilometers from the world’s largest waterfall, saying it would have a […]

Morocco introduces measures in its 2025 budget to curb inflation

The draft budget for 2025 provides for an array of measures to curb the impact of imported inflation on the citizens’ purchasing power, including wage hikes, cancelation of VAT and customs duties on some basic foodstuff, and subsidies. Under the new budget, monthly salaries lower than 6000 will be exempted from the income tax, while […]

Algeria: Statoil & BP Pulling out Staff after Gas Plant attacks

British Oil Company BP and Norwegian Statoil announced Monday they would withdraw their staff from two Algerian gas plants after terrorists fired rockets at the third largest gas field of the country situated in the Sahara desert. The companies will withdraw their staff from the In Salah and In Amenas gas plants as security measures […]