European aircraft manufacturer, Airbus, has agreed with U.S. supplier “Spirit AeroSystems” to acquire the major activities related to its airbus planes manufacturing in five plants, including the Casablanca site. In a press release issued Monday, Airbus said the $559 million acquisition deal aims to ensure stability of supply for its commercial aircraft programs through a […]
The director and chairperson of South Africa’s Central Energy Fund board has been dismissed, the minister of energy, Jeff Radebe said in a statement. The Central Energy Fund (CEF) manages defined energy interests on behalf of the government, including the development of the country’s oil and gas assets. The board of the CEF also oversees […]
Thirty-seven countries from across Africa, two-third of the African Union members, expressed support for the UN process to settle the regional dispute over the Sahara. At a meeting in Marrakech, the participating countries stressed the need for backing the UN process and refraining from pushing the African Union into stands that block efforts towards a […]
