EU to sign Morocco grant, sees energy cooperation

(Reuters) - The European Union will grant Morocco 654 million euros over four years and begin moves to merge Morocco's energy sector with those of its northern neighbours, the EU said on Monday.

After meeting in Brussels on Monday, officials will sign a common declaration to prepare an eventual integration of Morocco's power sector into the EU's energy market, it said, without giving any deadline.


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Spanish hotel chains eye Africa amid migrant crisis

(Reuters) - Spain's major hotel chains are checking out investment opportunities in sub-Saharan Africa as their government seeks to involve private business in its plan to curb illegal migration from the world's poorest continent.

"There is a clear concern on the part of the Spanish authorities to encourage a development of this type and we'd obviously be interested if the right framework existed," said Miguel Barcelo, director-general of expansion in Europe for the Barcelo Group, which has hotels in Morocco and Tunisia.


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