Green Steel: Moroccan-Chinese alliance crowned with new generation plant

Chinese Maolong New Materials company and Moroccan Sinam Group (Global Steel) have joined forces and established a HIsmelt plant in Morocco. HIsmelt is a smelting process for producing iron from iron ore using non-coking coal, which allows for the production of high-quality molten pig iron without the need for traditional agglomeration methods. This technology allows […]

Moroccan Banks Respond to Algerian FM’s Defamatory Statements

Following the verbal blunders uttered by Algerian Foreign Minister, Abdelkader Messahel, who blatantly accused Moroccan banks of laundering cannabis money in Africa, the Professional Grouping of Moroccan Banks (GPBM) released a statement rejecting such accusations as “hateful and irresponsible”. The diatribe against Morocco that the Algerian Foreign Minister shamefully made during a meeting at the […]

Morocco’s Managem completes Sudan gold mine partnership with China’s Wanbao

Morocco’s mining company Managem completed its partnership with China’s Wanbao to acquire 65% of Gabgaba gold mine in Sudan.   The deal is in line with Managem strategy to develop its investments in Africa and develop its activities in Sudan, Managem said in a statement.   Managem together with Wanbao will expand the Gabgaba mine […]