African start-ups break record with securing $1.2bn funding in 2024 — report

African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]

Morocco committed to supporting African landlocked countries

Morocco has reaffirmed strong commitment to supporting African landlocked countries, especially those of the Sahel. Morocco has made cooperation with landlocked countries, particularly in Africa, a strategic priority, said Moroccan Minister of Transport & Logistics Abdessamad Kayouh in an address made Tuesday at the 3rd UN Conference on Landlocked Developing Countries, convening in Awaza, Turkmenistan […]

Royal Air Maroc grounds third of its fleet due to covid-19 outbreak – Moroccan media

Morocco’s flag carrier Royal Air Maroc grounded a third of its fleet as demand drops on the back of the surge of coronavirus cases worldwide with immediate ramification on tourism and international bookings. Le 360 news outlet, citing unnamed sources, said the Moroccan airline has immobilized 20 aircrafts out of 58 airplanes it operates. The […]