statue from Morocco

Morocco targets 1.4 million cars in four years

Morocco plans to increase its car production capacity from 700,000 cars currently to 1 million next year and 1.4 million in four years, industry minister Ryad Mezzour said. “The goal is to reach a capacity to produce 1.4 million cars within the next four years, given the existence of the electrical car sector which will […]

Tunisia: State of Emergency Prolonged for Fourth Time

Tunisian authorities Monday extended for one month the state of emergency in place since last November attacks. President Caid Essebsi’s office made the announcement saying the decision was taken in consultation with the government and the parliament. This is the fourth time the state of emergency is being prolonged. In the wake of November attacks […]

Over $ 26 Mln Boost for Private Equity Sector in Morocco & Tunisia

The private equity sector in Morocco and Tunisia has received a $ 26.1 million grant from the European Bank for Reconstruction & Development (EBRD) to support the development of the private equity market in two North African countries, rocked by the Arab Spring. The financial assistance will also serve to rev up equity funding for […]