French Mecaplast, a plastic parts producer and supplier of French PSA Peugeot, announced Wednesday its entry into the Moroccan automobile industry with the launch of a factory near the city of Kenitra, some 40 Km to the north of capital city Rabat. The Monaco-based plastic giant will settle in Morocco near the future plant of […]
Morocco has no plans to tap funds available under its Flexible Credit Line (FCL) arrangement with the International Monetary Fund, Finance and Economy Minister Nadia Fettah Alaoui said. The IMF approved a new two-year FCL agreement for Morocco on April 2, 2025, worth 3.45 billion Special Drawing Rights (SDRs), or about $4.5 billion, replacing a […]
The Minerals Council of South Africa on Thursday warned that the country could lose up to 150,000 jobs, if state-owned electricity supplier Eskom is granted permission to increase electricity tariff by 15%. Eskom has asked government for a 15% tariff increase over three years. The mining lobby group said the move would also hasten the […]
