Morocco to invest 383 billion dirhams to secure water supply over next three decades

Morocco will invest 383 billion dirhams to guarantee regular water supply for the next three decades, head of the government Saad Eddine El Othmani said. Speaking to the inter-ministerial commission on water, El Othmani recalled the royal directives to safeguard water resources and meet rising needs of the economy and the population. The 2020-2050 strategy […]

South Africa economy edges on recession in Q4

The mining sector has helped the South African economy avoid recession with a growth of 0.1% in the fourth quarter. The rate is not enough to create jobs for the millions of the unemployed in the country which braces for elections in May. The key mining industry recorded a 2.4 percent increase in output helped […]

Morocco: WB supports Casablanca’s rail projects with $350 Mln funding

The World Bank has approved a $350 million financing package for the Greater Casablanca Mobility & Logistics Hub, which aims to improve services for passenger railways in the Greater Casablanca area. The funding will also support Morocco’s national railway operator – Office National des Chemins de Fer (ONCF) – in managing and expanding railway infrastructure. […]