Morocco to sell 8% of the capital of Maroc telecom

The Moroccan government notified on Friday the largest telecom operator in the country, Maroc Telecom, that it will sell 8% of the capital of the country. The sale will reduce the share of the Moroccan state in the company to 22%, with the majority of stakes up to now owned by the UAE’s Etissalat. “Maroc […]

South Africa, China, Russia to hold joint naval drills in February

South Africa, China and Russia will jointly stage naval drills in February to strengthen the already flourishing relations between the three countries. The African country will host the training. “South Africa will host the Chinese and Russian Federation navies in a multilateral maritime exercise between February 17 and 27,” the South African military confirmed in […]

Morocco to manufacture Opel electric cars

Stellantis group has announced that its supermini electric car Opel Rocks-e will be produced in PSA plant in Kenitra where Citroen Ami is also manufactured. Stellantis was created in January 2021 after a merger between Fiat Chrysler and PSA. The group is now the world’s fourth-largest car manufacturer with eyes set on promoting the shift […]