Morocco’s gas imports jumped 167% by the end of April through the Maghreb Europe pipeline, key to powering small electricity plants in northern and eastern Morocco. The information was revealed by energy minister Leila Benali who was speaking to MPs underscoring the efficiency of the reverse flow of the pipeline. She also highlighted the role […]
The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]
King Mohammed VI has instructed the Interior and Foreign Ministers to express to their Algerian peers Morocco’s readiness to help Algeria fight the forest fires that are ravaging several regions of the country. According to a statement by the Foreign Ministry, two Canadairs were mobilized, on the King’s orders, to take part in this […]
