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Egypt postpones IPO for state-run Banque du Caire over covid-19
Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]
Morocco rescues 27 migrants off Mehdya
The Royal navy rescued 27 Sub-Saharan migrants on board a dinghy off the coast of Mehdya in the Atlantic Ocean. Nine women were among the migrants two of whom are pregnant, a military source told le360 news portal. About 80 percent of illegal migrants stopped in 2018 in Morocco were mostly Sub-Saharans with 29,715 migrants […]
Moroccan University unveils Africa’s most powerful Supercomputing Center (ASCC)
The Mohammed VI Polytechnic University (UM6P) has inaugurated African SuperComputing Center (ASCC), a cutting-edge platform to accelerate and improve research in the kingdom and on the continent. ASCC, the largest Supercomputing Infrastructure in Africa, will provide High-performance Computing (HPC) services. Based on the latest technologies in the HPC world, ASCC can deliver a performance of […]



