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EIB supports Morocco’s forest strategy with €100 million

The European Investment Bank will support Morocco’s Forest Strategy 2020-2030 with €100 million under a financing agreement signed in Rabat on Thursday Dec. 28. The agreement, which falls in the frame of cooperation between Morocco and the EIB and which spans the period from 2024 to 2028, focuses on climate change adaptation, biodiversity promotion, and […]

‘Congo is not for sale’: activists call for new review of China mining deal citing ‘major losses’

Civil society groups in the Democratic Republic of Congo (DRC) are calling for a fresh review of the country’s mining agreement with Chinese companies, citing substantial financial losses and continued imbalances despite a 2024 renegotiation. The “Congo Is Not For Sale” coalition (CNPAV) claims that the revised deal, originally signed in 2008 by the then-president […]

Automotive: Morocco, leading exporter to Europe, outperforming China in 2023

Morocco has become the largest automotive exporter to the European Union. With a robust growth trajectory in finished vehicle production, the country’s trade with Europe is set to further expand in the coming years, said London-based magazine “Automotive Logistics”. In 2023, Morocco’s automotive exports to the EU saw a substantial increase, reaching a value of […]