Morocco to launch Takaful insurance soon

Morocco is putting the final touches on the Takaful insurance key to a growing participatory finance triggered by real estate mainly. Speaking at a national insurance seminar, Central Bank Governor Abdellatif Jouahri said Takaful will be launched soon as the main stakeholders are working together to finalize it. A law on Takaful was approved by […]

Libya: UN-blacklisted Tanker Returns Oil Shipment to GNA

The oil tanker flying Indian flag accused by the United Nations and the Libyan National Oil Company (NOC) of carrying illegal oil on behalf of the Libyan rival government based in the East has finally returned the shipment to the unity government, Head of the NOC said on Sunday. “Thanks to the intervention of the […]

Boeing expects to expand in Africa on back of demographic growth

Africa’s rapid population growth is expected to lead to an increased demand on air travel, with Boeing expecting a robust annual growth rate of 6.4% in passenger traffic across the continent. Boeing, in its latest commercial market outlook, expects Africa’s commercial fleet to more than double by 2043. Regional aviation associate AFRAA estimates there will […]