Energy Headlines Morocco

Global Electricity Review 2022 lauds Morocco’s wind power achievements

Morocco was cited as a good example in the Global Electricity Review 2022, thanks to its investments in wind power which now accounts for 17% of the country’s energy mix. The report, published by energy think tank Ember, highlights Morocco’s continental leadership in clean energy which outperformed the global average of 12%. The share of […]

Africa Headlines International

UN’s Guterres calls on Mali to “expedite” return to civilian rule

The UN chief has called on Mali’s ruling junta to “expedite” the process of returning power to elected civilians by early 2024 as earlier promised, according to a quarterly Security Council report. In this report, on the eve of a Council meeting this Wednesday April 12, UN Secretary-General Antonio Guterres also expressed his concern about […]

Community Europe Headlines International Tunisia

UNHCR calls on Tunisia to end ill-treatment of Sub-Saharan migrants & refugees

The UN Refugee Agency has called on Tunisia to respect the rights of sub-Saharan migrants, refugees and asylum seekers who are suffering ill-treatment, harassment, and oppression from the security forces of Kais Saied’s regime. In a press release issued Tuesday, the UN High Commissioner for Refugees voiced deep concern over the latest violent incidents that […]

Business Emerging Markets Headlines Morocco

Moroccan Fruits and vegetables producers blame high prices on production costs

The association of Moroccan fruits and vegetables producers (APEFEL) said the high prices in the Moroccan market were due to higher production costs notably those of fertilizers and pesticides. Speaking to MPs, APEFEL representatives said ammonia and phosphates-based fertilizers saw prices rise 466% and 61% respectively, which was in turn repercussed on consumer prices. This […]

Africa Headlines International

Angolan President calls for urgent restructuring of UN Security Council

The Angolan President, João Lourenço, defended on Tuesday the urgency of restructuring the United Nations Security Council to ensure the presence of currently excluded regions as permanent members. Speaking in Luanda, at the opening of the expanded consultative council of the Angolan Ministry of Foreign Affairs, João Lourenço referred to regions such as Africa and […]

Emerging Markets Europe Headlines International Morocco

UK MP commends Moroccan King’s vision for stability & democracy

Chairperson of UK-Morocco Parliamentary Friendship Group Heather Wheeler has commended King Mohammed VI’s vision for strengthening stability, democracy and building a strong inclusive economy. This Royal vision will make Morocco UK’s “strategic partner in Africa,” said on Tuesday in Rabat the Conservative MP following her meeting with Moroccan Foreign minister Nasser Bourita. She also praised […]

Africa Asia Headlines International

Japan’s PM visits four African countries before G7 summit

Japan’s Prime Minister Fumio Kishida is slated to visit four African countries namely Egypt, Ghana, Kenya and Mozambique, ahead of the G7 summit scheduled May 19-21 in the Asia country. The office of the Prime Minister said Kishida hopes to strengthen ties with the so-called Global South, or emerging and developing countries mainly in the […]

Africa Europe International

Germany hits back Chad, expels Ndjamena’s envoy

German authorities have expelled Chad’s ambassador to the European country Mariam Ali Moussa, less than a week after the African country also flashed out Germany’s envoy Christian Gordon Kricke. The foreign ministry in a statement Tuesday indicated Ali Moussa was requested to leave the German territory within 48 hours. The ministry said the move was […]

Africa Finance International

Kenya has no money even to pay govt officials but default is ruled out

Kenya will not default on its debt repayment obligations, the president’s chief economic adviser has said, as the country’s government failed to pay its employees for the first time since it gained its independence in 1963. Most county government workers last received their paychecks three months ago, with the delay in civil service salaries being […]

Emerging Markets Finance Headlines Morocco

Morocco to treat IMF credit line as precautionary

Morocco will continue to consider the IMF flexible credit line of $5 billion as precautionary and would only draw on it in case of external shocks like the Covid-19 pandemic, Morocco’s finance ministry said. The credit line is only granted to countries with sound macroeconomic and financial fundamentals and would add to Morocco’s credibility in […]