IFC

Morocco moves toward decentralized energy production, with new self-production law

Morocco has taken a significant step toward energy autonomy with the adoption of a law regulating electricity self-production. The law, approved by the cabinet on October 23, aims to decentralize power generation and strengthen the kingdom’s energy resilience amid rising demand and slowing renewable output. The move comes as Morocco faces mounting energy pressures. National […]

CAR’s crypto push likely linked to its ally Russia — experts

The Central African Republic’s (CAR) recent pledge of allegiance to Russia comes amid speculation that its recent adoption of Bitcoin was a means of opening up the financial system to Russian companies after they were locked out by global sanctions. CAR adopted a law in July to introduce Bitcoin as legal tender, but the law […]

World Cup2022: Morocco Make History, several Heads of State congratulate king Mohammed VI

Morocco has become the first Arab and African nation to qualify for the semi-finals of the world cup after beating Portugal 1-0 in a pulsating game played Saturday at Al-Thumama stadium. After the final whistle of the referee, several heads of state congratulated, during telephone calls, King Mohammed VI, for the Moroccan team’s historic qualification. […]