German aid worker hostage freed in Mali thanks to Morocco

German aid worker Jörg Lange, who was abducted in 2018 in western Niger, has been released thanks to Moroccan intelligence services, according to German newspaper Der Spiegel. The news ended years of uncertainty and suffering for the hostage and his family, raising hope for resolving the cases of other captives. Mr.Lange, 63, was handed over […]

Humania to invest over $100 Mln in medical care in Morocco & Egypt

Humania, a private healthcare company, has secured a $108.5 million funding from international financial institutions to launch medical care projects in Morocco and Egypt. The International Finance Corporation (IFC) contributes $45 million to this project, while $ 63.5 million were mobilized from other investors, including $43.5 million from the Danish Investment Fund for Developing countries […]

Fès mobilizes €56 million for urban transport modernization

The city of Fès is establishing a local development company dedicated to urban and interurban mobility, with an investment program of 566 million dirhams over 2025-2035 to address transportation challenges in Morocco’s spiritual capital. “Fès Mobilité SA” will launch with a 5-million dirhams initial capital, with Fès municipality holding 89.99% ownership alongside the Fès-Meknès regional […]