Moroccan CTM transport company

Libya denies any plans to take over French oil refinery

The Libyan Investment Authority (LIA) on Monday flatly denied it is planning to take over Petroplus Petit Couronne, a French oil refinery which is currently in bankruptcy proceedings. “The LIA has denied the news circulated by some media and on the internet about its intention to buy an old refinery in France,” reported the Libyan […]

African Countries, the Least Connected in the World – ITU

Sub-Saharan Africa has the highest number of people offline out of the 3.6 billion without access to internet connection, a new report by the International Telecommunications Union, ITU, has revealed. According to the report, Europe is the region with the highest Internet use (82.5 per cent), while Africa is the region with the lowest (28.2 […]

France Loans Morocco €128 million to buy Locomotives

France granted a 128 million euro loan to fund the locomotives that Morocco’s national railway operator (ONCF) plans to purchase as part of its development program. The loan will boost the ONCF shift to electric railway in line with Morocco’s environmental commitment. ONCF posted a net profit of 223 million Dirhams in 2016, up 31% […]