Germany is supporting Morocco’s sustainable development efforts with a financial assistance of €330.5 million, including loans and grants. The funds will help the North African country carry out projects in renewable energy, electric power, water supply & storage in rural areas and desalination of seawater. Two agreements were signed in this regard by Moroccan minister […]
Morocco’s direct investments abroad recorded in 2021 the highest level over the past five years, reaching 17.9 billion dirhams. According to the latest data of the exchange office, this figure represents an increase of 10.17 billion dirhams compared to 2020, when these investments amounted to 7.7 billion dirhams. In 2019, Morocco’s investments abroad amounted to […]
Algeria wants to develop a car industry but it wants it fast and without meeting the pre-requisite: a competitive industrial cluster or ecosystem of local part suppliers. In 2019, after his election, Algerian President Tebboune had criticized car industry professionals in his country accusing them of practicing “disguised imports” due to the very low sourcing […]
