Fathi Bashagha

Spiro, electric motorbike manufacturer, to expand fleet in Togo & Benin

Spiro, a leading electric motorbike manufacturer and clean energy provider in Africa, has landed $63 million loan from GuarantCo, a company in the Private Infrastructure Development Group (PIDG), and the French bank Société Générale to be used to expand its fleet of electric motorbikes, alongside the associated batteries and swap stations, in Benin and Togo. […]

Madagascar in search of $100m to revamp flag carrier

Madagascar Airlines needs $100 million for its rehabilitation, Valery Ramonjavelo, the country’s Minister of Transport and Meteorology has announced, explaining that the funds aim at making the State-run airline independent. The airline, launched in April 2022 in replacement of bankrupt Air Madagascar, has presented a turnaround plan known as “Phoenix 2030”, expected to help improve […]

Morocco’s efforts to preserve water resources highlighted in London at roundtable on water security

Morocco’s efforts to preserve water resources were highlighted in London Friday at a ministerial roundtable on water security in the context of climate change and the challenges of sustainable development. The issue of water and its preservation is at the heart of Morocco’s development strategy, said minister of energy transition and sustainable development, Leila Benali, […]