Bouteflika

Morocco’s Managem teams up with China Electronics Corporation on Cobalt project

Reminex SA, a subsidiary of Morocco’s largest mining company Managem, signed a partnership agreement with global engineering company China Electronics Corporation on a cobalt sulfate factory. “This strategic and know-how sharing partnership represents a major opportunity to build an industrial cluster and contribute to the Moroccan-Chinese alliance,” Reminex said in a statement. The new plant […]

UNCTAD: Morocco, an exemplary domestic automotive industry

The UN Conference on Trade and Development has praised the progress made by the automotive industry in Morocco, which is now positioned as a production platform with the entry of several groups, including German Motor Distributors, Renault, Snop (parts and components supplier), Stellantis, Sumitomo Electric Wiring Systems and Yazaki. In its “Economic Development in Africa” […]

Egypt: Egypt Air boss fired, company lost $1 billion over four years

State-owned carrier Egypt Air has a new boss since Thursday after former boss Sameh el-Hefny has been sacked following the one billion dollar lost recorded by the company since the 2011 uprising. Samed el Hefny who ran the company since Marsh 2014 will be replaced by Sherif Fathy who is a consultant and worked as […]