King mohammed VI

Nigeria becomes EBRD shareholder

Nigeria has become the 77th shareholder in the European Bank for Reconstruction and Development. The Bank’s board of governors approved Nigeria’s membership after it amended its laws to expand incremental funding to Sub-Saharan Africa, the bank said in a statement. Through this membership, Nigeria hopes to benefit from EBRD funding, which is yet to be […]

Will Morocco Offer Mediation to Resolve Gambia Crisis?

Local Mauritanian media reported that Morocco might be preparing for a mediation to unlock the political crisis in Gambia that was triggered after President Yahya Jammeh refused to accept his election defeat. Nasser Bourita, the Kingdom’s minister delegate of foreign affairs is reportedly present in the Mauritanian capital, Nouakchott, Mauritanian media outlet Alakhbar said. The […]

Chinese Yang Tze to Produce Electrical Cars in Morocco

Chinese carmaker Yang Tze will establish a factory to produce electrical cars and busses near Tangier for a total investment of 1 billion dirhams ($101.6 million.) This was announced by the Chinese group’s CEO Wu Tian CAI following a meeting in Tangier with the President of the Tangier-Tetuan- Alhuceima region, Ilyas EL Omari. The new […]