Guergarat

CIMAF gets €161.5m loan from IFC, EAIF & Proparco to expand operation in Mali, Senegal & Ghana

Ciments de l’Afrique (CIMAF) a subsidiary of Morocco-based Omnium des Industries et de la Promotion (OIP) has landed a €161.5-million loan from the International Financial Corporation (IFC), French-government-owned Proparco, and Emerging Africa Infrastructure Fund (EAIF) earmarked to increase capacities of its grinding plants in Mali, Ghana, and to launch a state-of-the-art integrated cement plant in […]

U.S. Bechtel firm interested in Morocco’s airports modernization projects

Bechtel, a leading U.S. construction and engineering firm, is interested in the investment opportunities offered in Morocco’s airports modernization projects as the country braces for co-hosting the FIFA World Cup 2030 along with Spain and Portugal. According to Africa intelligence news platform, the American company hopes to secure a contract for the modernization of the […]

Morocco shall never allow its Sahara to become a diplomatic maneuvering ground for South Africa – Diplomat

Morocco will never allow its Sahara to become a diplomatic maneuvering ground for South Africa, rejects any interaction with Pretoria on the Moroccan Sahara issue, and will never allow South Africa to have any role in this issue. The remarks were made by Morocco’s Permanent Representative to the UN, Omar Hilale Diplomat, in comments on […]