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French automaker Peugeot Returns To Tunisia

French car manufacturer has unveiled plans to assemble its latest pick-up truck model in Tunisia. This project, which will give a boost to Tunisia’s automotive industry, marks Peugeot’s return to the country following a 25-year absence. The €10.2m new assembly facilities, which will be built in Mghira and Sfax, will be operational 2018. The firm […]

Mauritania becomes second signatory state of the FEDA Establishment Agreement

Mauritania has signed the Agreement for the Establishment of the Fund for Export-Development in Africa (FEDA), a development impact-oriented subsidiary of the Afreximbank.   Mauritania becomes the second signatory of the FEDA Establishment Agreement after Rwanda which signed it in November 2020, afreximbank announced in a press release.   To complete the FEDA Legal Establishment, […]

Morocco’s King earns worldwide praise for universal social welfare

The comprehensive social welfare project spearheaded by King Mohammed VI has been commended by several experts, NGOs and media outlets, saying the move aims to enhance social cohesion, solidarity, inclusion and to combat poverty and social exclusion. The generalization of welfare system will benefit farmers, craftsmen and self-employed people. This will help improve their living […]