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Alstom Invests €10.5 million in Morocco over two years
Alstom is investing €10.5 million in Morocco to build a new production line and develop capability in the country to manufacture on board transformers. It will be the second production line at Alstom’s facility in Fez, which currently produces harnesses and electrical cabinets for rail and take up about 13,000 m2 of the facility and […]
Tunisia unveils new measure to boost tourism
Tunisian Tourism Minister, Mohamed El Moez Belhassine, has presented a set of new measures to promote the North African country’s destination. In an interview with State-run news agency TAP, Belhassine indicated that his ministry and stakeholders of the sector have decided to create a “Higher Council of Tourism” that will play a coordination mechanism role […]
AfDB: Morocco’s Economic Growth to Increase to 3.9 in 2021
The African Development Bank (AfDB) expects Morocco’s economic growth to reach 3.7 pc in 2020 and 3.9 pc in 2021 from a 2.9 pc growth posted last year. In its African Economic Outlook 2020 report, the African bank says the projected GDP in Morocco is supported by the sustained efforts made to improve macroeconomic conditions […]



