King Mohammed VI africa

Nigeria’s Dangote refinery begins operations, promising energy independence

Nigeria has achieved a historic milestone with the commencement of petrol production at the new $20 billion Dangote refinery near Lagos. Boasting a capacity of 650,000 barrels per day, it’s now Africa’s largest refinery and is poised to alleviate Nigeria’s persistent fuel shortages. The refinery aims to reduce Nigeria’s heavy reliance on imported oil products, […]

Raytheon Technologies to supply Morocco with fighter jet engines

The US Air Force has awarded aerospace and defense company Raytheon Technologies a $212.05 million contract to meet Morocco’s order for military aircraft engines, reports say, citing the Department of Defense. The Massachusetts-based company will manufacture F100-PW-229 install engines through its Pratt & Whitney business, at Hartford, Connecticut. Delivery is expected in 2025. The State […]

African Development Bank lends Morocco $1.1 bln in 8 months

The African Development Bank granted Morocco $1.1 billion in loans over the last 8 months to finance strategic sectors, head of the bank’s branch in Morocco Leila Farah Mokkadem said. “Morocco is a country with which we have enjoyed close ties for five decades,” she told MAP, adding that Morocco is the bank’s first client. […]