US envoy to Libya Richard-Norland

Egypt ordered six AASM Hammer missiles from French Sagem

The French company Sagem said it has signed a major contract with the Egyptian Ministry of Defense for AASM Hammer air-to-ground missiles to be deployed by the Egyptian air force. This new contract comes just after Egypt purchased 24 Rafale omnirole fighters from Dassault Aviation. “We will deliver the first AASM Hammer missiles by the […]

Morocco narrows its trade deficit by 7.6% in November

Morocco cut its trade deficit by 7.6% in November thanks to higher exports of the automotive sector and lower energy prices. Morocco’s imports stood at 653 billion dirhams, down 3.3%, while its exports remained almost stable at 392 billion dirhams. A drop in phosphates and by product sales was compensated by an improvement in sales […]

Moroccan Outlierz Ventures steered eight investment operations in Africa since in 2017

Moroccan investment fund, Outlierz Ventures, has made eight investments in Africa since its launch in 2017. The operations mainly benefited four dynamic African markets in terms of fundraising, including Kenya, Nigeria, Egypt and Morocco.   The company, dedicated to technology, invests between MAD 500,000 and 5 million in companies with high growth potential. It targets […]