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Morocco Invests in South-African Start-Up Specializing in Animal-Free Dairy Products

UM6P Ventures, an investment arm of Mohammed VI Polytechnic University, has announced investing in South African company De Novo Dairy, which produces animal-free dairy products that provide the same taste and nutrition as the traditional dairy products. De Novo Dairy specializes in the production of milk proteins using precision fermentation of yeast strains. This allows […]

Africa/Football: Algeria fails to win seat at CAF executive committee, rulers’ isolation deepening

The Algerian regime has suffered a humiliating setback at the Confederation of African football (CAF), after its representative failed to win a seat at the Executive Committee of the African football governing body. During CAF’s General Assembly convening in Abidjan, Côte d’Ivoire, the majority of CAF administrators voted Thursday for the delegate of Libya as […]

World Bank brings to $300 million funding to Morocco’s risk management system

The World Bank has added $100 million to an existing $200 million loan to help Morocco manage natural risks and hazards. “Protecting the people and economy against natural hazard can save Morocco over US$800 million a year,” said Jesko Hentschel, World Bank Maghreb Country Director. “Developing more resilience to the risk of natural disaster is […]