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Morocco: Francois Hollande Confident in Morocco’s Capacity to Host COP22

French President François Hollande publicly threw his full support behind Morocco, from New York Tuesday, saying he has “full confidence in Morocco’s hosting of COP22.” Speaking to the media following a key meeting on renewable energy, held at the initiative of African countries, President Hollande said France stands ready to make the coming November UN […]

Automotive Industry: Faurecia expands presence in Morocco with 4th plant

The French automotive tech company Faurecia, one of the world’s leading automotive suppliers, is set to open its fourth factory in Morocco, expanding thus its presence in the Kingdom. A memorandum of understanding relating to the creation of the new plant which will produce textile and leather covers for automotive seats, was signed last week […]

South Africa: Ramaphosa’s recovery plan meets mounting pressure

South African President Cyril Ramaphosa has declared an “economic emergency,” unveiling a sweeping 10-point plan aimed at resuscitating the country’s stagnating economy. The announcement comes amid escalating tensions at power utility Eskom, deepening financial turmoil within the ruling African National Congress (ANC) party, and widespread investor skepticism. Speaking at a high-level ANC meeting, Ramaphosa announced […]