Oil production for OMV, Austrian oil and gas group, has recovered in Libya adequately to reach its 2014 output target of 320,000 to 340,000 barrels of oil per day if it continues at current levels, according to OMV’s chief executive Gerhard Roiss. Libya has proved to be a difficult place for business especially for companies […]
The German automaker, BMW, said Thursday that it plans to buy cobalt for the production of its electric vehicles from Moroccan mining company Managem Group as part of a five-year contract worth around €100 million ($113 million). The deal follows a memorandum of understanding on the direct purchase of cobalt signed between the two parties […]
Nadia Fettah Alaoui, Morocco’s Minister of Economy and Finance, has been awarded the trophy of Finance Minister of the Year at the 2025 African Banker Awards in Abidjan. Her leadership has been recognized for driving macroeconomic stability and positioning Morocco as an attractive destination for investment. This accolade highlights her significant contributions to Morocco’s economic […]
