US President Joe Biden

Sub-Saharan Africa income further falls behind rest of the world

Sub-Saharan Africans’ income is further decreasing compared to the rest of the World amid a lackluster economic growth, the International Monetary Fund Said. Amid a surge in geopolitical conflicts and climate change devastating impacts, Sub-Saharan African economies would only grow by 3.8% this year, up from 3.4% in 2023, the IMF said in a report. […]

Morocco’s 2019 Appropriation Bill to Give Priority to Social Services

Morocco’s 2019 draft appropriation bill will give priority to social development notably in the fields of education, health and employment, said a statement read out by Spokesman for the Royal Palace, Abdelhak Lamrini. The appropriation bill was reviewed at the ministerial council chaired by King Mohammed VI Wednesday and will be submitted to the parliament. […]

UK’s Emmerson to sue Morocco at ICSD over unreceived environmental license

UK company Emmerson has raised funds to sue Morocco at the International Centre for Settlement of Investment Disputes ICSID after failing to obtain an environmental license for its Potash mine in Khemisset. Morocco’s investment authorities have judged that the Emmerson issued an unfavorable opinion on the project’s environmental impact, due mainly to concerns about excessive […]