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Startups in Francophone Africa are closing gap with English-speaking “big four” nations
In the past few years, Francophone Africa has made huge strides in creating startups, although the startup market on the continent is still dominated by the “Big Four” English-speaking nations. African startups continue to shatter fundraising records, but the majority of investment inflows go into those operating in English-speaking countries Egypt, Kenya, Nigeria, and South […]
Morocco receives $275 million in Solidarity Fund against catastrophic events
A parametric insurance pool, facilitated by reinsurance broker Gallagher Re, paid out $275 million to Morocco’s Solidarity Fund against Catastrophic Events (FSEC), responding to the 7-magnitude earthquake that rattled Al-Haouz region on September 8, 2023, Middle East Insurance Review reported earlier this month. The insurance broker confirmed last year that it was in touch with […]
Pretoria, Polisario’s Ally, Seizes New Zealand-Bound Vessel Carrying Moroccan Phosphate
South African authorities have seized in Port Elizabeth a New Zealand-bound vessel carrying 50 tons of Moroccan phosphate coming from the southern port of Laâyoune, reports say. A South African judge has ordered the seizure of the vessel, which docked in the South African port for provisions, Moroccan papers Assabah and Al Ahdath Al Maghribia […]



