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Kenya and Uganda win $2bn railway arbitration case in London

Kenya and Uganda have secured a major legal victory after the London Court of International Arbitration (LCIA) dismissed a $2 billion claim filed by Rift Valley Railways (RVR) consortium over a terminated railway concession. The dispute stemmed from a 25-year agreement signed in 2006, granting RVR the right to manage and operate the 2,350-kilometer Kenya-Uganda […]

MOROCCO STRENGTHENS ITS INDUSTRIAL HUB WITH ADVANCED UK EXPERTISE

Morocco continues to attract foreign investment thanks to its political stability, economic performance, open-market, unique geostrategic position and growing competitive industrial eco-system. British Company PowerForce Global, leader in industrial maintenance and service solutions in energy sector, has launched its operations in Morocco as part of its expansion strategy in North Africa. The Bristol-based Company delivers […]

Morocco’s coronavirus transmission rate drops to 0.8

The number of people a coronavirus positive case can infect dropped to 0.8 nationwide amid a partial confinement that runs until June 10. Prime Minister Saad Eddine EL Othmani had said that easing the lockdown hinges on lowering the transmission rate and the mortality rate, which now stands below 3%. By Friday, industrial clusters continued […]