Moroccan ambassador to UN Omar Hilale

Morocco’s spending on subsidies more than halved in first quarter this year

Spending as part of the compensation fund subsidizing the prices of fuel, wheat, sugar, and butane gas more than halved to 4.5 billion dirhams in the first quarter this year, auguring well for state finances, according to the finance ministry. Subsidies including cash handouts to transport professionals stood at 44 billion dirhams last year due […]

AU chief calls for ‘positive competition’ from Europe in bid to counter China’s growing clout

As African leaders converged on Germany’s capital earlier this week to attend the G20 ‘Compact for Africa’ meeting, the African Union (AU) chief called for “positive competition” from Europe in the continent, which would be more welcome than its criticism of Chinese investments for saddling poor countries with huge debts. While addressing the high-level meeting […]

Russia, Mozambique deepen defense and energy ties, aiming to diversify foreign investment

Russia and Mozambique reaffirmed their longstanding defense partnership during a diplomatic visit to Moscow by Mozambican Foreign Minister Maria Manuela dos Santos Lucas. The talks with Russian Foreign Minister Sergey Lavrov highlighted both countries’ commitment to strengthening military cooperation and expanding economic ties, particularly in the energy sector. Lavrov pledged continued Russian support for enhancing […]