Casablanca CFC & Toronto Finance International (TFI)

UAE Company Mubadala Aerospace Mulls Investing in Morocco

The Abu Dhabi-based Mubadala Aerospace is considering opening a new manufacturing plant in Morocco to be closer to its customer Airbus, said the company’s chief Badr Al Olama. The North African Kingdom enjoys “a proximity to Europe. Being closer to the customers will be important for Strata”, a unit of Mubadala Aerospace, he added in […]

AfDB renews commitment to support a socially inclusive, sustainable recovery in Morocco

The African Development Bank (AfDB) has renewed its commitment to support a socially inclusive and ecologically sustainable recovery in Morocco, said the Bank country manager for Morocco Brice Mikponhoue. Speaking at the opening of a remotely-held seminar on social and environmental safeguards that frame AfDB’s operations in the Kingdom, Mikponhoue said that this joint event […]

SDX Energy Finds Gas in Drilling Campaign in Morocco

British company, SDX Energy, confirmed a new natural gas discovery as part of its well drilling campaign in Sebou, Eastern Morocco. “We are pleased to have made another discovery during our ongoing nine well drilling campaign, with this well exceeding our pre-drill net pay estimates by more than 50%,” Paul Welch, SDX’s president and CEO, […]