doing business

EV Batteries: China’s Hailiang to build $288 Mln Copper Plant in Morocco

Chinese company Zhejiang Hailiang has announced plans to invest $288 million in a Moroccan facility to produce copper foil for lithium batteries to power electric vehicles. According to press reports, citing the Company’s filing to the Shenzhen Stock Exchange, the new Moroccan base will enable the Chinese producer of copper tubes and rods to meet […]

Surge in migration from Horn of Africa to Gulf states is alarming, UN warns

The number of women and children migrating from the Horn of Africa to the Gulf states has significantly increased and is a cause of concern, the head of the UN’s International Organization for Migration (IOM) has warned, citing climate change as the main driver of the increased migration. The treacherous journey from Djibouti, Ethiopia and […]

UK’s Chariot Oil & Gas expresses optimism at Morocco operations

UK-listed Chariot Oil and Gas upgraded its gas expectations off Larache coast saying that the new discovery bodes well for Morocco’s “growing gas sector”. Chariot was awarded the Lixus offshore license, which contains the Anchois discovery, in April. Chariot has a 75% interest and operatorship of the Lixus license. Its partner is Morocco’s state-owned Office […]