People stand near a border post on the Algerian side of the Morocco-Algeria border in the north east of Morocco

Slovak company plans to assemble electric cars in Nigeria

Sirieco, a Slovak company plans to set up a plant in Nigeria, to assemble electric cars and manufacture the new-generation incandescent bulbs, the company’s CEO Groidis Peter announced during a recent visit to the West African nation. The plant will be located at Calabar in Cross River State, southeast Nigeria, Groidis Peter said. The Governor […]

Interior ministry urges MPs to speed up adoption of cannabis legalization bill

Morocco’s Interior Minister Abdelouafi Laftit has made the case for a rapid adoption of the cannabis legalization bill citing notably the development aims of the project and the need to tap into a growing legal cannabis market. Laftit who was speaking to MPs argued against PJD members mainly who are the main opponents of cannabis […]

Morocco: Bill regulating use of Cryptocurrencies is ready, BAM Governor reveals

The bill to regulate the use of cryptocurrencies in Morocco is ready, announced the Governor of the Central Bank (Bank Al-Maghrib- BAM), Abdellatif Jouahri. Speaking at a press briefing following BAM’s 4th and final quarterly meeting of 2022, Jouahri stressed that the draft to put in place a proper regulatory framework is ready. “For cryptocurrencies, […]