aerospace industry in Morocco

African start-ups break record with securing $1.2bn funding in 2024 — report

African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]

Moroccan energy company to build refinery in north with Russian help

Morocco’s MYA Energy, Russian Development Bank and Russia’s export center agreed to build a 2 billion euro refiner with an initial 100,000 barrel per day capacity in northern Morocco. The refinery is designed to reach a target of 200,000 barrels per day and will offer thousands of jobs to locals, MAP news agency said. Citing […]

Sudan conflict: Egypt hosts summit of neighboring countries  as mass grave is discovered in Darfour

Egypt has joined a list of international players by hosting a regional summit of leaders from Sudan’s six neighboring countries in Cairo this Thursday, July 13, focused on preventing the outbreak of a civil war and addressing the deepening humanitarian crisis in the northeastern African country. The peace talks, hosted by Egyptian president Abdel Fattah […]