The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]
Royal Air Maroc has signed with Dublin-based Avolon Company a lease agreement for six Boeing 737-8 MAX planes. Two aircraft were delivered in recent weeks with the remainder to be delivered through 2025 and 2026. Commenting the deal, Paul Geaney, President and Chief Commercial Officer, Avolon said: “We are excited to welcome Royal Air Maroc […]
Morocco’s phosphates and fertilizer producer, OCP, will start exporting fertilizers to Romania after the setting up of a company dubbed SEEFCO, which will be in charge of imports, stockpiling and marketing in the eastern European country, Moroccan media reported. The OCP’s SEEFCO, which stands for South East European Fertilizer Company, will operate in partnership […]
