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Morocco expects to leave FATF grey list in 2023
Morocco is poised to leave the grey list of the Financial Action Task Force (FATF), a move that will facilitate Morocco’s access to international debt market and improve its sovereign rating, central bank governor said. The bank hiked its benchmark interest rate by 50 basis points to 2.5% as it expects inflation to surge to […]
Mauritania signs $300 million deal for hybrid solar-wind power plant
Mauritania has signed its first independent power producer contract — a $300 million agreement with Iwa Green Energy — to build a 60-megawatt hybrid solar-wind power plant, Ecofin Agency reported. The facility, scheduled for commissioning in September 2026, represents a major milestone in the country’s strategy to boost electricity generation through private financing while accelerating […]
Morocco seizes over 1.6 ton of cannabis, arrests three smugglers in Zagora
The police of Zagora, Southeastern Morocco, seized on Thursday over 1.6 ton of cannabis and arrested three people involved in this drug smuggling operation. The main suspect was captured at the entrance of the city of Zagora on board a truck transporting 62 packs of cannabis weighing 1,69 ton, says a press release issued by […]



