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Powering rural communities: Uganda secures $200 million from China
The Rural Electrification Agency (REA) of Uganda has invited sealed bids for construction and completion of the 11kV/33kV lines and associated low voltage networks for grid intensification in the East African nation. The development comes after Parliament okayed government to borrow $200 million from the Exim Bank of China to finance the power distribution project […]
EBRD Supports Moroccan Small Businesses With €9.7 Mln Loan
The European Bank for Reconstruction & Development has approved a €9.7 Million loan to Fondation Albaraka, one of the largest microfinance institutions in Morocco for on-lending to local micro enterprises. Access to finance through banks remains extremely limited for micro, small and medium-sized enterprises (MSMEs) in Morocco. The EBRD funds will offer much-needed support for […]
Morocco’s order of 25 F16 on track to meet deadline
Morocco’s order of an additional 25 F-16C/D Block 72 fighter jets is on course of completion after the U.S. Air Force has awarded Raytheon Technologies a $212.05 million delivery order to provide fighter aircraft engines. In March 2019, the State Department approved the sale to Morocco of 25 F-16C/D Block 72 jets, built by Lockheed […]



