OiLibya Rally of Morocco, biggest cross-country rally after Dakar

The OiLibya Rally of Morocco to kick off on October 14 is becoming the biggest cross-country rally after Dakar with a number of participants that shatter all records, say the organizers. “With more than 250 competitors registered, the 2012 edition of the OiLibya Rally of Morocco overtake all previous participation’s records and becomes the biggest […]

AfDB collects more funds for its Facility for Energy Inclusion

Clean Technology Fund approves $20 million investment for AfDB-sponsored Facility for Energy Inclusion The Clean Technology Fund (CTF) one of two multi-donor trust funds within the Climate Investment Funds (CIF) last week approved $20 million for the Facility for Energy Inclusion (FEI), a facility sponsored by the African Development Bank to provide sustainable financing for […]

Moroccan reinsurer SCR rebrands as Atlantic Re with African expansion plans

Morocco’s Société Centrale de Réassurance (SCR) has officially rebranded as Atlantic Re, marking a strategic pivot toward continental expansion. The announcement, made Thursday, follows the inauguration of the company’s new headquarters at Casablanca Finance City. The 65-year-old reinsurer, a subsidiary of state investment fund CDG, positions this rebranding as part of a comprehensive transformation strategy […]