Mauritania is set to launch on Wednesday a new global initiative, the Fisheries Transparency Initiative (FiTI,) meant to improve the management of fisheries and preserve fish stocks. The move comes following the warning of economic affairs minister Sid’Ahmed Raïss who said that “overfishing by foreign boats is threatening our way of life.” Highlighting the dangers […]
Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]
Morocco is determined to speed up its transition to a low-carbon economy with the signing lately of new contracts for the building of a 300 megawatt wind farm in the southern province of Boujdour. The contracts of the wind farm to cost over €375 million were inked by the state-run electricity & water company (ONEE), […]
