Mohcine Jazouli in Abidjan May 2019

Sarkozy in custody for getting illicit campaign funds from Gaddafi

Former French President Nicolas Sarkozy has been held for interrogation for allegedly getting illicit funds from ousted Gaddafi’s regime for his 2007 successful presidential bid. He was summoned for questioning at a police station in Nanterre, north-west Paris, on Tuesday, several European media reported. The former President is suspected of getting illicit funds from former […]

Arab Monetary Fund supports Morocco’s financial & banking sector with $277 Mln loan

The Arab Monetary Fund has agreed to provide Morocco a $277 Million loan to support the country’s financial and banking sector and enable it maintain its economic stability amid a soaring global inflation due to the Russia-Ukraine war. The loan, announced on Thursday by the fund, will strengthen control & supervision of Moroccan financial and […]

Moroccan Startup Raises Over $2 Mln to Expand Battery-Swapping For Electric scooters

Moroccan electric mobility startup GoSwap has secured $2.1 million seed funding, from Azur Innovation Fund, to expand its battery-swapping network for electric scooters across major Moroccan cities, according to local press. The company offers users of electric scooters the possibility of exchanging depleted batteries for charged ones for $2.6 to $3 per 100 kilometres. GoSwap […]