The first European Union-Kenya Business Forum concluded on Wednesday Feb.22 in capital, Nairobi, with Kenya’s William Ruto urging the EU to conclude economic partnership deal with the East African Community (EAC) regional bloc. The two-day forum brought together more than 500 participants including politicians, business executives, experts and diplomats. Ruto participated in the signing of […]
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]
Morocco is steadily emerging as a strategic manufacturing base for Chinese automakers and component suppliers seeking to expand into both North African and European markets, the daily L’Economiste reported. “This momentum is unfolding in a global automotive landscape undergoing rapid transformation, driven by the rise of electric vehicles and the reconfiguration of international supply chains,” […]
