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Washington okays sale of guided bombs & advanced air-to-air missiles to Morocco

U.S. State Department has approved new weapons sales to Morocco worth over $174 million, showing U.S. strong support to a major ally and strategic partner, described as an important force for political stability and economic progress in North Africa. The announcement was made Friday by U.S. Defense Security Cooperation Agency in a press release. The […]

Visa to inject $1bn in Africa over 5 years to cash in on e-payments boom

Visa Inc has announced plans to invest $1 billion over the next 5 years in Africa in a bid to capitalize on the emerging economy’s rapid growth in digital payments. “Visa has been investing in Africa for several decades to grow a truly local business,” chief executive officer Alfred Kelly Jr said in a statement. […]

King Reviews Morocco’s Road Map to Boost Renewable Energy

Morocco’s road map to boost its renewable energy development plans was discussed at a meeting held in Casablanca Friday under the chairmanship of King Mohammed VI. During the meeting, managing director of the Moroccan Agency for Sustainable Energy (MASEN), Mustapha Bakkoury, made a presentation on the achievements scored up to 2017, when the share of […]