In Morocco, a group of deputies from the Authenticity and Modernity Party (PAM), one of the country’s major parties, submitted to the parliament a draft bill to better protect State lands. This was reported by le360.ma relaying newspaper Al Massae.
“It is a group of deputies from the Authenticity and Modernity Party (PAM) that submitted to parliament a draft bill which aims to protect State lands. These are estimated to cover 1.5 million hectares and are valued at around 500 billion dirhams. Mainly, the new law intends to tackle the legal deficiencies impairing the optimal management of State domains, while ending unruly granting of the properties,” explains Al Massae.
The newspaper adds that “the bill, which focuses particularly on the State’s private properties (not classified the public domains registry), covers non-declared properties of public use, lands without owners, properties seized by the State, properties transferred or willed to unknown beneficiaries or formally sold to the State, forests also”.
By improving the protection of State lands, Morocco’s parliament hope to better fight the “land mafia” which was pointed out by King Mohammed VI in a letter sent to the minister of Justice, dated January 17, 2017.
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...
• The U.S. imposed a 20% tariff on cashew exports from Vietnam and a 40% tax on suspected transshipm...
Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 mil...
Backbone Infrastructure will build a $15 billion refinery in Nigeria's Ondo State, with a capac...
Group seeks approval to build new port in Olokola Free Trade Zone near Lagos Port to support fertilizer exports, LNG shipments, and regional...
$1.2 billion Sankofa gas project triggered long-term “take-or-pay” liabilities Energy oversupply and rigid contracts push annual debt...
Shell moves forward with onshore and ultra-deep offshore exploration in Africa Company signs deal in Libya and gains drilling approval off South...
Namib Minerals plans to revive the idle Mazowe and Redwing mines with a $300 million investment. CEO Ibrahima Tall says preparatory work...
The Emerald Sea is a vast turquoise lagoon located in the northern part of Madagascar, just a few kilometers from the town of Antsiranana (formerly Diego...
Malawi’s Mount Mulanje and Cameroon’s Diy-Gid-Biy added to UNESCO World Heritage List Africa still holds 25% of endangered sites, despite recent...