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After rentier Algeria, cash-strapped Tunisia says it wants to join BRICS

After Algeria, another failing African economy, Tunisia, said it seeks to join the BRICS, a group of fast growing emerging industrial countries with diversified economies that includes Brazil, Russia, India, China, and South Africa. The announcement was made by a proponent of the Kais Saied authoritarian presidency Mahmoud bin Mabrouk who leads the July 25 […]

Suspense over, Peugeot to open a factory in Morocco

Suspense has been building over the past few weeks about whether the French automaker PSA Peugeot Citroen would build a factory in Morocco or not. The suspense was finally dispelled on Friday. Morocco and the French firm have actually signed the accord under which PSA will build a factory in the North African country in […]

Morocco poised to unseat India, China as most competitive automotive investment destination

Morocco strives to improve its competitiveness in order to outperform India and China as the most attractive hub for automotive investments, Industry Minister Moulay Hafid El Alamy said. Morocco has offered propitious conditions for car manufacturers and part suppliers in key industrial clusters in Tangier, Casablanca and Kenitra. Building on its investments in low-carbon economy […]