Algeria irked by Spain’s decision to ship gas to Morocco via GME

The Algerian regime has fallen in its own trap when it unilaterally decided to shut down the Maghreb-Europe Gas Pipeline (GME) to cut off the flow of gas to Morocco. However, the GME pipeline is used as of this week to supply Morocco with gas coming from Spain in reverse flow. “Morocco will be able […]

Morocco Cuba Warm up Bilateral Relations

After restoring diplomatic ties last April, Morocco and Cuba are strengthening their diplomatic relations with a visit by Cuba’s ambassador Elio Eduardo Rodríguez Perdomo, who submitted his accreditation letter as an itinerary ambassador of his country to Morocco. The Cuban Ambassador was received by Morocco’s Foreign Minister Nasser Bourita. He also met Parliament Speaker Habib […]

British CDC invests $200 mln in BMCE Bank

CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]