Gaza-field hospital

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 […]

Predator Oil & Gas Gets 8-Year License for Exploration in Morocco

The Jersey-based company Predator Oil & Gas said on Monday it received an eight-year permit for hydrocarbon exploration and appraisal onshore northern Morocco. The exclusive license includes an initial 30-months exploration phase covering an area stretching 7,269 square km, to the east of producing gas fields and northwest of Sound Energy PLC’s Tendrara gas project. […]

Morocco’s foreign exchange reserves improve by 16.1% in October

Morocco’s foreign exchange reserves rose 16.1% compared to the same period last year, the Central bank, Bank Al Maghreb said. By October 14, Morocco’s foreign exchange reserves stood at 250.1 billion dirhams up from 248.9 billion dirhams registered in the first week of September, the central bank said in its weekly statistics. This improvement of […]