Lesotho FM in Rabat

Money Transfers: Moroccan Wafacash Teams Up With WorldRemit

Moroccan financial company Wafacash has sealed a deal with WorldRemit, an online money transfer service provider, enabling Moroccans living overseas to send money to their homeland wherein the cash will be available instantly for the beneficiaries. The money transfers wired though WorldRemit system can be picked up from any of the 1620 Wafacash locations installed […]

Totalenergies divests from South Africa’s offshore gas

French energy giant Totalenergies divested from its offshore gas operations in South Africa due to the lack of a gas market in the country. There was no South African market to be able to monetize any gas found, said CEO Patrick Pouyanne after the French company reported its third quarter results. The move by Totalenergies […]

Launch of nearly $20 million-initiative to transform agricultural interventions in Africa

The African Agricultural Transformation Initiative (AATI), Endowed with a budget of $19.6 million until 2025, has been launched to improve sustainable development in Africa by bridging the gap between the formulation of strategic agricultural initiatives and their successful implementation at local level, the UN International Fund for Agricultural Development (IFAD) said in a press release. […]