bitcoin

Morocco’s RAM to cut jobs and routes due to coronavirus crisis

Morocco’s flag carrier RAM saw its revenues drop to zero because of a domestic and international flight ban following the coronavirus outbreak leaving the company struggling to pay salaries and expenses. The company has requested state aid and plans layoffs as well as canceling some routes it has opened recently, Moroccan media reported, noting that […]

Morocco Redrawing Regional Energy Map

Morocco is poised to become a gas producer with the start of the initial gas commissioning activities at Tendrara Production Concession, shifting the regional energy order and landscape. The North African Kingdom has launched lately two major international bids worth nearly $1 billion for the development of a first phase of a Liquefied Natural Gas […]

EBRD Lends €24 Million to Tunisian Leasing Company

The European Bank for reconstruction and development (EBRD) has agreed to provide a €24 million loan to Tunisie Leasing and Factoring, the country’s largest leasing company. The loan will allow the Tunisian company to continue growing its network across the country and reaching SMEs in regions less well-covered by competitors. Supporting access to finance for […]