China’s car parts maker Citic Dicastal opened its third factory in Morocco in Kenitra worth 180 million euros to manufacture aluminum chassis parts. The new factory spans over 20,000 square meters and employs 1000 people. It has an annual production capacity of 5 million units, of which 90% will be exported to Europe. This plant […]
Tunisia is facing an acute economic and financial crisis with major macro-economic indicators on the red. The country was hailed for its success to oust authoritarianism and establish a democratically elected government following 2011 events, but economically the country is suffering. Growth was limited to 2.5% in 2018, less than the forecasted 3.1% despite the […]
Football is the most popular sport in the world, and with great popularity comes great economic benefits. The 2030 World Football Cup, which will be co-organized by Morocco, Spain and Portugal, is a major economic driver for the North African Kingdom. The expected influx of tourists, fans, and journalists will stimulate various sectors of the […]
