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Morocco Orders Four Boeing 787-9 Dreamliners worth $1.1 bln
Morocco’s flag carrier, Royal Air Maroc (RAM), will add four Boeing 787-9 Dreamliners to its fleet for a total cost of $1.1 bln. RAM already operates five 787-8 Dreamliners. The new Boeing planes will help the airline expand in South America, North America, the Middle East and Europe. “Our vision is to be the leading […]
IFC accords $150m loan to Olam to boost palm oil production in Gabon
The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of Singapore-based Olam International, to boost the company’s production of palm oil in the central African country. The loan, Gabon Review reports, will be used in the construction of a biodiesel […]
Morocco tells UN Envoy autonomy is only political solution to Sahara issue
Morocco has reiterated its position to the UN envoy Staffan de Mistura that autonomy under the kingdom’s sovereignty and territorial integrity is the only solution to the regional conflict over the Sahara. This came during talks on July 5 in Rabat between Foreign Minister Nasser Bourita and de Mistura. “The Moroccan delegation also expressed Morocco’s […]



