Morocco’s MYA Energy, Russian Development Bank and Russia’s export center agreed to build a 2 billion euro refiner with an initial 100,000 barrel per day capacity in northern Morocco. The refinery is designed to reach a target of 200,000 barrels per day and will offer thousands of jobs to locals, MAP news agency said. Citing […]
Morocco kicked off its annual Marhaba transit operation on June 10, rolling out a reinforced reception and assistance system to handle an expected 3.6 million Moroccans living abroad returning for the summer, authorities said. The Fondation Mohammed V pour la Solidarité, which oversees the humanitarian component of the operation alongside national partners, said in a […]
Carbon taxes, which the EU braces to impose, could slash by up to 10% South African exports, the central bank warned. The warning comes as the South African economy navigates tumultuous waters, with the flight of foreign investors, corruption, insecurity and electricity outages. The country produces 80% of its electricity from coal and is seeking […]
