EBRD vice-president alain pilloux

China’s Citic Dicastal expands automotive investments in Morocco

China’s car parts maker Citic Dicastal opened its third factory in Morocco in Kenitra worth 180 million euros to manufacture aluminum chassis parts. The new factory spans over 20,000 square meters and employs 1000 people. It has an annual production capacity of 5 million units, of which 90% will be exported to Europe. This plant […]

Ethiopia: Tigray protesters demand Eritrean troops’ withdrawal, return of displaced

Thousands of people demonstrated on Tuesday (23 May) in northern Ethiopia’s Tigray region, demanding the withdrawal of foreign troops and soldiers and the return of individuals displaced during the two-year conflict Tigray residents demand that Ethiopia’s allies – Eritrean troops and militiamen from the neighboring Amhara region – who had stayed following the cease-fire last […]

ECOWAS Summit: Morocco’s King Cancels Participation due to Israeli Presence

King Mohammed VI of Morocco canceled his visit to Monrovia where he was supposed to attend the 51st summit of the Economic Community of West African States (ECOWAS), which will examine Morocco’s bid to join the West African grouping. The decision was made against the backdrop of the controversy surrounding the presence of Israeli Prime […]