African lion exercices preparations

Morocco to boost its foreign exchange reserves with $650 mln from IMF

Morocco expects to add 650 million dollars to its foreign exchange reserves as part of $1.2 billion that will be offered to the country under the IMF’s Special Drawing Rights. The sum is to be unlocked by the IMF this August 23 after a historic approval by the IMF Board of Governors to allocate Special […]

Morocco eyes huge hydrogen projects for export to Europe – Bloomberg

Morocco is considering partnering with Gautam Adani — Asia’s richest person — on a large-scale hydrogen project amid a renewable energy push to meet demand at home and in Europe. Authorities are thinking of signing final investment decisions for “at least two competitive industrial projects” in 2023, Moroccan Energy Transition Minister Leila Benali told Bloomberg […]

South Korea launches ‘K-rice belt’ covering eight countries in Africa

Korea has launched on Monday a K-Rice project aiming to provide small farmers in Africa with resilient rice varieties that can withstand adverse climate conditions, ensuring improved yields and food security. By establishing the so-called “K-Rice Belt” across eight countries in Africa, the Korean government aims to advance current official development assistance (ODA) programs to […]