Algeria-export

Morocco’s ONEE, TAQA, Nareva unveil $14 billion energy & water projects

The Moroccan government, electricity and water supplier ONEE together with a consortium including Mohammed VI Investment Fund, TAQA Morocco and Nareva agreed to join forces to develop a sweeping infrastructure program aimed at securing water and bolstering energy production by 2030, for a total investment cost estimated at $14 billion. The investments have been ushered […]

Morocco’s energy, transport subsidies cost at least 1.6 bln dirhams monthly, budget minister

Morocco’s government is spending at least 1.6 billion dirhams ($160 million) a month on measures to cushion households and businesses from higher energy and transport costs, Budget Minister Fouzi Lekjaa said. The support package focuses on subsidies for butane gas, electricity price freezes and financial aid for professional transport operators, Lekjaa told reporters. State support […]

Football: CAF hammers USM Alger with $40,000 fine for refusing to play against Morocco’s RS Berkane

The African Football Confederation has slapped Algerian football club USMA with $40,000 preliminary fine for refusing to play last April against Moroccan RS Berkane club in the CAF Cup semi-final due to their jersey displaying Morocco’s map, including the Sahara. The RS Berkane kit was approved by CAF. Berkane have used the same jersey throughout […]