solar energy

Spanish, Moroccan relations strong against all odds

Morocco and Spain managed in recent years to upgrade their bilateral relations into a comprehensive strategic partnership that covers security and migration cooperation along with economic and cultural ones. “Spain is Morocco’s first trading partner as the two countries are bound by exemplary cooperation,” the Moroccan and Spanish foreign ministries said in a joint statement […]

Morocco’s King asks citizens to abstain from performing rite of sheep slaughtering on Eid Al Adha

King Mohammed VI, in his capacity as Commander of the Faithful, asked Moroccans to abstain from performing the rite of slaughtering on Eid Al Adha this year in a context of “climatic and economic challenges.” In an address read on his behalf by Religious Affairs Minister Ahmed Taoufiq, the King highlighted the significance of Eid […]

“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook

The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September). African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 […]