NOVARES

Nigeria-Morocco Gas Pipeline Project Taking Shape

The Nigeria-Morocco huge gas pipeline project, agreed upon last year, is taking shape with the signing Monday in Rabat of additional agreements related to the pipeline that will stretch along the West African coast all the way up from Nigeria to Morocco and eventually into Europe. The agreements were signed at a ceremony chaired by […]

Morocco adopts bill on alternative sentences to reduce congestion in prisons

The upper and lower houses of the Moroccan parliament have both approved a bill that introduces alternative sentences with the aim of reducing overpopulation in Morocco’s prisons. The bill was advocated by the government as a solution to overcrowded Moroccan prisons. The prison population in Morocco surpassed 158% of capacity across the country’s 76 prisons, […]

Remittances, tourism receipts to hit record in 2026- Morocco’s central bank says

Two key sources of Morocco’s inflow of hard currency, remittances from Moroccans abroad and tourism receipts are heading towards another record in 2026 at 123 billion dirhams ($12.8 bln) and 125 billion dirhams ($13 bln) respectively, the central bank said. This improvement would help offset the deepening trade deficit due to higher imports of equipment […]