The Xlinks Morocco-UK power project is gaining momentum as French oil giant TotalEnergies has injected £20 million in the ambitious green project, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). The French supermajor has decided to back the Morocco-UK project after withdrawing from Algeria due to endless hurdles to investors and […]
Morocco’s Mohammed VI Investment Fund and Moroccan banks (GPBM) signed a deal to allow private investors access to subordinated debt. The fund said it will allocate 4 billion dirhams to this financing mechanism that will be available starting from April. The new launched subordinated debt targets enterprises with a capitalization of 5 to 500 million […]
Poland’s Flyargo Company, which makes ultra-light aircrafts, will set up a plant in the Moroccan Sahara, an attractive region which offers investors huge business opportunities due to its political stability, untapped resources and position as a gateway for Africa. The announcement was made by Flyargo CEO Krzysztof Majkowski following a meeting held lately in Warsaw […]
