UK: Two Britons Suspected for Funding Brussels Attacks Jailed

Two British citizens have been condemned to jail for allegedly funding the March Brussels attacks which caused the death of 32 people. Kingston Crown Court in London Monday sentenced Zakaria Boufassil and Mohammed Ali Ahmed respectively to three and eight years in prison for giving secretly £3,000 in cash to Mohamed Abrini in a Birmingham […]

Currency Reform, Morocco’s Path to Become North Africa’s Financial Hub

Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]

Morocco to set up solar PV plants in five key ports

Morocco’s port authority is going green. It seeks to set up five photovoltaic solar plants in the ports of Casablanca, Agadir, Jorf lasfar, Laayoune, and Boujdour. The solar plants would power the ports to reduce the carbon footprint, as part of a larger national plan that would increase the share of renewables in the electricity […]