Energy Agency

Morocco, Spain’s largest electricity supplier

Morocco topped the list of electricity suppliers to Spain in 2018 with 2088GW per hour, Spanish institute Red Eléctrica de España said. The institute said that 76% of electricity trade flows on the border were taken by Morocco while the remaining 24% by Spain. Morocco and Spain will further boost their electric connectivity with a […]

Precious Metals: New gold discovery in Morocco

Canadian mining Company Aya Gold & Silver has announced the discovery of a new gold site at Asirem Zone, west of the Boumadine Main Trend in Morocco, highlighting the zone’s emergence as a promising new target. “The discovery and new gold zone at Asirem, west of Boumadine’s Main Trend confirms that Boumadine is evolving into […]

Moody’s Downgrades Tunisia’s Credit Rating to B2

Credit rating agency Moody’s downgraded Tunisia’s credit rating to B2 against the backdrop of deteriorating fiscal situation, complicating the government’s plans to borrow from international lenders. Moody’s cut Tunisia’s rating by one notch to B2– five levels below investment grade and on a par with Argentina, Nigeria, Cameroon and Kenya. Moody’s rating downgrade will complicate […]