Moroccan apples

EV Battery: China’s Tinci to invest $280 Mln in new plant in Morocco

Morocco’s gigafactory project and EV ecosystem have been boosted with the $280 million new investment announced Wednesday by Chinese Tinci Company for its plant to be built in the North African Kingdom. The new factory will produce and sell lithium-ion battery materials. It will also help the Chinese firm to better serve the European market, […]

Morocco’s tax authority intensifies monitoring of inactive companies

Morocco’s tax administration has launched targeted notification campaigns addressing companies that have failed to submit fiscal declarations or pay taxes for three consecutive fiscal years. These enterprises are classified as inactive regardless of their commercial registry status, facing potential automatic taxation and accumulated debt liabilities. Article 228 of the General Tax Code maintains these companies […]

Managem launches gold production at Boto Mine in Senegal

Moroccan mining group Managem said it has officially commenced gold production at its Boto mine in southeastern Senegal, in an investment that totalled 350 million euros. Located in the Kédougou region, the Boto mine is expected to produce an average of 160,000 ounces of gold annually over its first three years, with total reserves estimated […]