MAROC-TEXTILES

Morocco-Nigeria Gas Pipeline Project gains support of UAE & several major investors

The Morocco-Nigeria gas pipeline project is gaining momentum as the United Arab Emirates has agreed to contribute to the funding of this $25 billion project to ship Nigerian gas to Europe through Morocco. The announcement was made lately by Morocco’s Minister of Energy Transition Leila Benali in a statement at the Moroccan Parliament. She told […]

AfDB garners $29.2 billion in its investment forum in Rabat

Curtains fell on the Africa Investment Forum in Rabat which helped the African Development Bank (AfDB) mobilize a total funding of $29.2 billion for 47 projects, covering critical areas such as water supply, energy, transport, mining, pharmaceuticals, private equity, tourism, and infrastructure. The event drew 2,300 investors and delegates from 83 countries, AfDB chief Akinwumi […]

Sahara: International Crisis Group warns of risk of “broader conflict” if hostilities continue escalating

The International Crisis Group has warned that a gradual escalation of hostilities over the Sahara issue could spark a broader conflict in the region. The Algeria-backed Polisario group could launch more attacks on Moroccan territory, targeting foreign economic interests, says the Brussels-based think-tank in its assessment of serious global conflicts risks. The deadly attacks targeting […]