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EAC operations jeopardized as member states fail to remit contributions
The East African Community (EAC) is grappling with a severe financial crisis, with member states failing to remit over $62 million in contributions for the 2024/25 financial year. The bloc, which comprises Burundi, the Democratic Republic of Congo, Rwanda, South Sudan, Somalia, Tanzania, Uganda, and Kenya, has seen its programs delayed, while salaries for staff […]
London-listed Chariot completes FEED, seeks EPC proposals for Anchois gas project in Morocco
London-listed Chariot, an Africa-focused transitional energy company, has completed the Front-End Engineering and Design (FEED) on the key components of its flagship Anchois gas development project offshore Morocco and has alled for Engineering, Procurement and Construction (EPC) commercial proposals. Chariot began the FEED for the Anchois development in June 2022, after raising $25.5 million, the […]
Flights in Moroccan airports drop by 72% up to November due to pandemic
Commercial flights dropped by 72% in Moroccan airports due to the pandemic with Marrakech airport being the most hit. Morocco’s first tourist hub, Marrakech, saw airport activity shrink 75% in the first 11 months of this year while the second tourist destination, Agadir, saw flights decrease by 71%, the national airport agency ONDA said. Only […]



