electricity diversion

Egypt Gets $ 500 M Afreximbank Loan to Promote exports to Africa

The African Export-Import Bank (Afreximbank) has agreed to extend Egypt a $ 500 million credit line to support its trade projects and exports to other African countries. The deal was confirmed by the Egyptian Trade Minister Mounir Fakhry Abdel-Nour on the sidelines of the economic summit held earlier this week in the resort of Sharm […]

EasyJet expands presence in Morocco to meet growing demand

Low-cost airline EasyJet has announced plans to establish in Marrakesh its first-ever base in Africa. With three aircraft based in the “Red City”, the company will offer its clients a permanent, year-round operation, serving 24 European destinations starting spring 2026. In the first year, easyJet will offer a record 4 million seats to and from […]

Coronavirus: Morocco to give Monthly payments to informal sector workers

Morocco said it will offer monthly payments to every head of a household who became unemployed due to the coronavirus lockdown which Morocco imposed from March 20 to April 20, the finance ministry said. The payments will be offered by the special fund, set up at the orders of King Mohammed VI to upgrade health […]