Laayoune

Finnish Fund Invests $10 million in Moroccan health Group to promote private healthcare sector in Morocco

OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund, has invested $10 million in equity in CIM Santé Group, a leading Moroccan private healthcare group. Through this investment, OP Finnfund Global Impact Fund I aims to foster the development of Morocco’s healthcare sector, accessibility to quality care, and support gender […]

Libya : Es Sider and Ras Lanuf handed to the government

The long awaited opening of Es Sider and Ras Lanuf is finally over after the announcement by the rebels that the government could use it to “resume operations.” The two oil ports have a combined capacity of 560,000 barrels per day. The government has welcomed the move which is seen as a supporting gesture to […]

Morocco Affirms Legal Sovereignty on Southern Territorial Waters

The Moroccan parliament adopted two laws laying down the Kingdom’s legal authority over the territorial water off Sahara. The first law extends the Atlantic territorial waters from Tangier to Lagouira while the second provides for the demarcation of an exclusive economic area of 200 nautical miles off Morocco’s coats. The delimitation of Morocco’s territorial waters […]