Dakhla

Start-ups in Africa raised $2.2b in 2024, pushed by mega deals, 25% drop from 2023

Start-ups in Africa cumulatively raised $2.2 billion in equity, debt, and grants (excluding exits) in 2024, and though it is a significant figure in absolute terms, it represents a 25% drop compared to the $2.9 billion that were raised on the continent in 2023, ‘Africa: The Big Deal’ has revealed. According to the funding report […]

AfDB lends Morocco €100 Mln for infrastructure projects in rural zones

The African Development Bank has lent €100 Million to Morocco’s Communal Equipment Fund to support sustainable infrastructure projects aimed at reducing territorial and social disparities in the North African Kingdom. The loan agreement was signed Friday in Rabat by the African Development Bank (AfDB) and le Fonds d’équipement communal (FEC). The money will serve to […]

Coronavirus triggers student exodus to public schools in Morocco

Many Moroccan middle class families are rushing to enroll their children in public schools as the coronavirus pandemic hit their pockets, forcing them to distance learning. In Agadir alone, a medium sized Moroccan City, over 2000 students left private schools this year for public schools. Among the other factors explaining this trend is the low […]