bcij-sale

UAE, Germany, Egypt set up consortium for hydrogen project in Mauritania

German project developer Conjuncta, Egypt’s energy provider Infinity, and the United Arab Emirates’ Masdar have signed an agreement to set up an international consortium for a hydrogen project in Mauritania requiring a total investment of $34 billion. The project will have a production capacity of up to 8 million tons of green hydrogen or other […]

Turkey’s Baykar to produce military drones in Morocco, a momentum to Kingdom’s defense industry

Morocco’s defense industrial ecosystem is gaining momentum with Turkish Baykar Company strategic decision to establish a manufacturing site of military drones in the North African Kingdom. Baykar, a global leader in drone industry, has set up a Moroccan subsidiary, named “Atlas Defence”, based in Rabat. The Moroccan plant is dedicated to the design, production, and […]

IMF Chief Lauds Morocco’s Restructuring Reforms

Director of the International Monetary Fund Christine Lagarde lauded Morocco for the efforts it undertook to restructure its economy. In an interview with weekly magazine, Jeune Afrique, Lagarde said Morocco is leading successful restructuring of its economy without depending on oil or agricultural commodities. She recalled that the credibility of Morocco’s reform earned it an […]