China Africa

World’s largest aluminum wheel producer launches second factory in Morocco

Chinese Citic Dicastal group, the largest producer of aluminum wheels in the world, launched a second factory worth €350 million in Morocco’s Kenitra, one year after opening a plant in the same area. Part of a project dubbed, Citic Dicastal Africa, the new plant stretches over a surface area of 30,000 square meters and will […]

France Wants to Reinvigorate ‘UfM’

France is planning to host in 2018 a meeting between the countries of the Maghreb and Europe to examine the means of reinvigorating the Union for the Mediterranean. The goal was announced by French President Emmanuel Macron in a speech at the Tunisian Parliament last week. He said that the UfM could not tap into […]

Corruption costs Moroccan economy up to 7% of GDP annually – Finance Minister

It is hard to exactly calculate the impact of corruption on the Moroccan economy which Finance Minister Mohamed Benchaaboun said it rips the country of 2 to 7% of GDP annually. Briefing MPs on a law on the national body for integrity and the fight against corruption, the Minister said that a law will be […]