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Morocco, Mauritania set to bolster economic ties

Morocco and Mauritania are willing to build on the current momentum to further bolster their economic ties, Foreign Ministers of the two countries said. Morocco is determined to work together with Mauritania to foster economic ties to reflect the excellence of bilateral cooperation, Foreign Minister Nasser Bourita said following talks with his Mauritanian peer Ismaël […]

Mozambique power utility loses $100M annually

The Mozambican power company, EDM, has recorded an annual loss of $100 million, due to illegal connections to the national power grid. According to Mozambican newspaper O Pais, which quoted the company’s new chairman, Ale Sicola, “smart” electricity meters will be introduced on the market to minimize the problem. The company chairman also said that […]

Economic progress should go hand in hand with social development- King says

As Morocco steps up measures to help the economy recover from the coronavirus repercussions, special attention is also given to generalize social development notably health coverage, family allowances, pensions and unemployment protection insurance, said King Mohammed VI. In a speech on the occasion of the opening of the Parliament’s fall session this Friday, the King […]