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Africa: AfDB disburses $500 million for renewable energy

The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]

Morocco uses satellite technology to curb slums

Morocco has declared 59 cities slum-free as it continues to encourage real-estate developers to invest in low-cost housing, said housing minister Nezha Bouchareb. Morocco has also been using satellite technology to monitor and curb the expansion of some remaining shanty towns, she told MPs. However, she noted, much remains to be done to make housing […]

Morocco poised to outperform Spain as western Mediterranean maritime hub- Austrian Think Tank

Morocco’s investments in its ports and rail infrastructure will help the country become a dominant maritime hub in the region and create a corridor between Europe and West Africa, said the Austrian Institute for European and Security Studies (AIES). In a detailed analysis signed by senior fellow Michaël Tanchum, the AIES sheds lights on Morocco’s […]