GE Vernova Inc. has invested $10.2 million in Xlinks First Ltd., the UK company planning a massive renewable power project in Morocco and a 2,500 miles undersea cable to deliver the energy to Britain. Bloomberg is reporting that the investment helped close the latest funding round for Xlinks First, capping $110 million raised to date, according to Chief Executive Officer James Humfrey. It’s an incremental step for the company as it advances a project it estimates will cost as much as $30.1 billion to construct.
Morocco’s Minister of Transport and Logistics, Abdessamad Kayouh, has announced plans to increase the airport traffic in Morocco from
The International Monetary Fund (IMF) has approved a two-year $4.5 billion flexible credit arrangement for Morocco. It comes as
The MASI index, representing all listed shares on a free-float capitalization basis, continued its robust performance in the first quarter
In an interview with the Telegraph, Dave Lewis, president of X-Links and former Tesco chief, has warned that excessive bureaucracy
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