IFC Teams up with Moroccan BCP Group to Enhance Microfinance in Sub-Saharan Africa

The International Finance Corporation (IFC) has sealed an agreement with Atlantic Microfinance for Africa (AMIFA), a subsidiary of the Moroccan Banque Centrale Populaire (BCP) Group, for developing new products and services to boost financial inclusion in Sub-Saharan Africa. The agreement will enable AMIFA to strengthen the development capacity of its microfinance program in Sub-Saharan Africa […]

Industrial Drones: Hollyway sets up plant in Morocco

Hollyway, a Singapore-based company specialized in AI-powered smart drone systems for low-altitude industrial applications, has partnered with Morocco’s XAR Aerospace to establish a high-tech factory for manufacturing industrial drones in the North African Kingdom. The factory will produce autonomous industrial drones, leveraging Hollyway’s AI and automation tech alongside XAR’s “Made in Morocco” prototypes. This high-tech […]

Nigeria’s NNPC, Norway’s Golar ink MoU to build floating LNG plant

The Nigerian National Petroleum Company (NNPC) Ltd, Africa’s biggest oil producer, has signed a memorandum of understanding (MoU) with a Norwegian company to build a floating LNG plant in the West African country to boost its domestic supplies and exports. Nigeria’s state oil giant has inked the MoU with Golar Liquefied Natural Gas Energy (GLNG) […]