RAM

Afreximbank approves $200 million for Uganda crude pipeline as NGOs denounce the project

Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda’s crude, while a report released by two environmental NGOs has warned of potentially “unacceptable” damage caused by a controversial project involving French oil giant TotalEnergies and China’s National Offshore Oil Corporation (CNOOC). The Nigeria-based bank was also willing to finance […]

Opening of many consulates in Moroccan Sahara, a diplomatic momentum -Jeune Afrique

French magazine ‘Jeune Afrique’ highlighted the diplomatic impetus surrounding the opening of consulates by several countries in Morocco’s southern provinces, echoing the inauguration of Chad’s consulate general in Dakhla on August 14. “Chad is the latest country to have joined this growing list,” the Paris-based magazine recalls, noting that the opening of the Chadian consulate […]

Automotive: Adient Opens Plant in Morocco

Morocco’s thriving automotive industry continues to attract foreign investors and car parts markers looking for business and growth opportunities. Among these investors, Adient, the global leader in automotive seating, which has announced the opening of its first plant in the North African Kingdom. The plant, based in Kenitra, will expand Adient’s fabrics business, which designs […]