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Newsweek Showcases Morocco’s Growing Trade with Africa

US magazine Newsweek highlighted that Morocco’s readmission to the African Union offers an opportunity to further boost trade with African countries. The magazine notes that on the economic front Morocco’s return to the AU will enable it to “benefit from intra-African trade regions to the same extent as other countries.” Membership in the continental bloc […]

Morocco, Mauritania Poised to Boost Partnership in Energy Field

Mauritanian capital Nouakchott is hosting this week a business forum aimed at boosting Mauritanian-Moroccan partnership in the energy field. The forum, held under the auspices of the Pan-African Confederation of Electricity (CAFELEC), is co-organized by the Moroccan Federation of Electricity, Electronics and Renewable Energies (FENELEC Morocco) and the Mauritanian Electricity Company (SOMELEC). The forum featured […]

Morocco begins gradual cooking gas subsidies cut

Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]