Fintech

U.S. Bechtel firm interested in Morocco’s airports modernization projects

Bechtel, a leading U.S. construction and engineering firm, is interested in the investment opportunities offered in Morocco’s airports modernization projects as the country braces for co-hosting the FIFA World Cup 2030 along with Spain and Portugal. According to Africa intelligence news platform, the American company hopes to secure a contract for the modernization of the […]

Malawi granted IMF food-shock funding to mitigate impact of global food shortage

The International Monetary Fund (IMF) has approved financing to cope with rising global food prices for Malawi, the first low-income nation to receive financing from the IMF under a new tool intended to help countries cope with global food price shocks. The number of Malawians facing food insecurity has doubled to 20% of the population […]

Morocco repatriates 572 people from war-torn Sudan

Morocco has evacuated 572 nationals trapped in the infighting in Sudan after it has established an airbridge upon instructions of King Mohammed VI, Morocco’s foreign ministry said. On May 2, the fourth RAM airlines flight arrived in Casablanca airport carrying 125 people relieved to leave the infighting plaguing Sudan. The evacuated passengers include nationals from […]