Morocco’s Automotive Industry Receives Boost from South Korea’s Wheel Manufacturer

South Korean wheel manufacturer, Hands Corporation, will soon operate a factory worth 4.33 billion dirhams ($472 million) in Tangier. A ceremony marking the launch of construction works of the new plant was attended by Morocco’s Industry and Investment Minister Moulay Hafid Elalamy who said that the 23 hectare-factory will create 1300 direct jobs and will […]

EU removes Tunisia from money laundering blacklist

The European Union has removed Tunisia from its list of countries that pose threats to the financial system over money laundering and terrorism financing because of lack of legislation at home. The European Commission reviewed on Thursday the list of high-risk third countries with strategic deficiencies in their regime regarding anti-money laundering and countering terrorist […]

Togo subsidizes off-grid solar solutions to promote energy access

The government of Togo has announced a plan to promote solar energy systems in rural communities. The government of the tiny West African nation began offering subsidies to its citizens to cover the cost of off-grid solar power systems. According to officials, a fund will be allocated to cover part of the cost of these […]