International NGOs are warning of a worsening refugee crisis in Libya as nearly 100,000 fled violence in war-torn Sudan to seek relative safety in conflict-stricken Libya. The International Rescue Committee (IRC) announced an emergency response to help nearly 100,000 Sudanese in Libya with 2,500 to 3,000 more people expected to reach the region daily in […]
Morocco managed within a short period to ensure gas supply for two small powerplants supplying northern Morocco. The power plants of Tahaddart and Ain Béni Mathar operating with LNG have started to be supplied with gas through the Maghreb-Europe pipeline, after Morocco and Spain reversed the flow of gas last week, Moroccan electricity utility ONE […]
Morocco is poised to leave the grey list of the Financial Action Task Force (FATF), a move that will facilitate Morocco’s access to international debt market and improve its sovereign rating, central bank governor said. The bank hiked its benchmark interest rate by 50 basis points to 2.5% as it expects inflation to surge to […]
