Senegal: nearly 800kg of cocaine seized at Dakar port

Senegalese custom forces discovered Sunday 789 kilograms of cocaine in brand new cars shipped from Brazil following similar seizure late last month.   The 789kg were dissimulated in 15 brand new cars put in a consignment. The shipment came from Brazil, authorities told media. Fifteen people, all of them Senegalese, have been arrested in connection […]

Nexteer Automotive Company Sets up Plant in Morocco

Morocco’s automotive ecosystem is expanding and attracting more and more investors, upbeat over the North African Kingdom’s growth potentials in this very competitive sector. Among these investors, Nexteer automotive, which has unveiled plans to set up a new production facility in Kenitra, about 40 km to the north of Rabat. In a first stage, Nexteer […]

China’s Presence in North Africa: A Win-Win Relationship?

In 2010, Chinese foreign direct investment (FDI) accounted for approximately 68 billion USD, as compared to 2001, when China invested only 911 million USD overseas. The rapid increase in FDI between 2001 and 2010 was also facilitated by China’s ‘going global policy’ of 2002 that promoted competition for the share in global markets and natural […]