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Africa: Fitch advises mining firms to invest in renewable energy

A report published by Fitch Solutions has indicated that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa, mining companies operating in the region should invest in renewable energy. “Off-grid mines could benefit from reducing mining companies’ dependency on diesel while taking advantage of the favorable climate conditions in the area,” Fitch […]

Unemployment in Morocco … Hard Times for Youth

Abdurrahman, 30, graduated from college two years ago. Immediately after graduation he started the grueling job search process. First he applied for the public sector and took part in many hiring competitions but failed in them all. Then he sent his résumé to private employers but most of the time he received no answer and […]

World Bank Loans Morocco $350 mln in Support of Financial Reforms

The World Bank announced a $350 million program to support wide-ranging reforms of financial intermediation in Morocco, including new sources of financing for small and medium enterprises (SMEs). The loan also aims at improving the regulatory oversight of the banking sector and supporting the capital market development by broadening the range of instruments and strengthening […]