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Mozambique to export power to drought-stricken Zimbabwe, Zambia
Mozambique has offered to export power to Zimbabwe and Zambia, which are currently facing an energy deficit. The move of the southern African nation is in exchange for further reduced generation at Lake Kariba. The offer will provide huge relief for the two countries that have already whittled electricity generation. Zimbabwe and Zambia generate power […]
Morocco to launch direct air link with China by end of 2019
Negotiations are underway for the launch of a direct air route between Morocco and China by the end of 2019, head of Morocco’s tourism promotion office ONMT said. The new link will depart either from Morocco’s economic hub Casablanca or from Marrakech, the Kingdom’s tourism hub towards either Beijing or Shanghai, the ONMT chief said. […]
Morocco braces for deepening budget, trade deficits on back of global economic uncertainties
The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]



