Peugeot to build its MENA region plant in Morocco

The French carmaker PSA Peugeot Citroen plans to open a plant in Morocco to meet the needs of the Maghreb and other African markets, a source close to the group said, confirming the information published earlier by Bloomberg. The project that could be formalized early June will have an initial capacity of nearly 100.000 units. […]

Morocco reports trade surplus with Africa despite drop in exports

Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to Africa grew 29% while imports dropped 5% as the Kingdom […]

Mauritania’s Ghazouani wins re-election with 56.12% of vote

Mauritania’s incumbent President Mohamed Ould Cheikh El Ghazouani has comfortably won re-election, receiving 56.12 percent of the vote in the first round of the presidential poll, the Independent National Electoral Commission (CENI) said Monday. The victory in Saturday’s election gives the former army chief a second term as head of the vast desert country, seen […]