Spanish ambassador to Rabat

L3Harris Technologies to fit Morocco F-16 jets with smart weapons

U.S. defense company L3Harris has announced a $29 million contract to provide smart weapon release systems to Morocco, Bahrain and Jordan, three allies of the United States. The L3Harris system gives F-16 pilots more firepower and expands their missions. The Bomb Release Unit (BRU)-57/A allows F-16s to carry two smart weapons on each system instead […]

South Africa: Electricity price increases to cost over 90,000 mining jobs

South Africa’s Minerals Council on Tuesday warned that electricity price increases by state-owned power utility Eskom will lead to over 90,000 job losses in South Africa’s gold and platinum mining industries over the next three years. Earlier this year, South Africa’s National Energy Regulator said that Eskom could hike tariffs by 9.41 percent in 2019, […]

AfCFTA to boost remittances by making cross-border transactions cheaper

The African Continental Free Trade Area (AfCFTA) has potential to increase cross-border remittances by migrants, according to a new report by World Bank, even as international markets remain the largest sources. The AfCFTA has the potential to make cross-border transactions such as remittance transfers by migrants within Africa cheaper through the Pan-African Payment and Settlement […]