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EU, France pledge €50m investment in DRC’s infrastructure, mining sector

The European Union has launched an initial mobilization of €50m in Democratic Republic of Congo’s (DRC) critical minerals sector and infrastructure projects on the sidelines of the first-ever Kinshasa Economic Forum. The funding was announced at the inaugural Kinshasa Economic Forum, which brought together representatives from the EU, the DRC and France French President Emmanuel […]

Automotive: China’s Kuntai invests nearly $14 Mln in car carpet plant in Morocco

Chinese company Kuntai has said it will invest $13.7 million in a car carpet plant in Morocco which has become a major global player in the automotive industry. The new production site comes to enhance further Morocco’s automotive industrial eco-system. Its main target is the European market. The facility will also promote research, development, production, […]

Morocco Foils Smuggling Over 13 Tons of Cannabis

Moroccan security services have announced this weekend the seizure of over 13.7 tons of cannabis at the Tangier-Med port. The drugs were concealed in a semi-trailer truck registered in Morocco. An investigation was opened by the police for the arrest and trial of all those involved in this major drug trafficking operation. Last December, Moroccan […]