Attijariwafa bank

Morocco ready to promote startup ecosystem to a higher level (US Official)

Morocco is ready to promote its startup ecosystem to a higher level, coordinator of the US Prosper Africa initiative, British A. Robinson, said Tuesday in Marrakech. Speaking at the closing ceremony of the Morocco-USA Venture Capital Forum (May 27-28), Robinson underlined that Morocco boasts a startup ecosystem that is increasingly dynamic and innovative, and has […]

South Africa, Zambia, Zimbabwe expect drop in grain harvest

South Africa, Zambia, and Zimbabwe, three of the largest maize producing countries on the continent, expect their output to slash this year due to a shortage of rainfall. Heatwaves and drought heavily compromised the maize harvest of the three countries as well as smaller producers such as Lesotho and Botswana, according to recent official reports. […]

EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt

The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a funding vehicle established by Hassan Allam Utilities that operates in Egypt and is running a project known as 1.1 GW Gulf of Suez wind farm. The investment is set to […]