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ENGIE acquires Mobisol, becomes market leader in the off-grid solar in Africa

ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions, the company announced this Tuesday in a press release. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than 150,000 solar home systems, providing clean and reliable energy to over 750,000 people in […]

Morocco’s Currency Regulator Does Not Recognize Bitcoin

The transactions made via Bitcoin, the digital payment system, constitute a “violation of regulations, punishable by penalties and fines”, said the Moroccan government agency “Office des Changes”. The Office stand comes few days after Moroccan digital services company MTDS said it would accept payment in bitcoin. According to the Office des Changes, the use of […]

African Development Bank highlights expansion of mandatory health insurance in Morocco

The number of beneficiaries of the mandatory health insurance in Morocco hit a new record at 23 million as the country forges ahead with its social reform plans, the African Development Bank said. The number grew from just 7.8 million beneficiaries and from 20,000 daily reimbursement requests to 60,000 daily requests currently, the Bank said. […]