Africa once accounted for more than a third of Chinese oil imports, but now major African oil suppliers are struggling with declining production and exports to China that has found other markets due to geopolitical considerations, infrastructure issues, and domestic political problems, according to a recent report by the Carnegie Endowment for International Peace. China […]
Morocco has launched a tender for 60,000 tons of rail to extend Africa’s fastest train to Marrakech. Morocco has inaugurated the high-speed train, known as TGV or Bourak in Arabic, in 2018 linking Casablanca to Tangier. The new railway would cost 612 million dirhams ($62 million), Moroccan state-owned rail operator ONCF said. Morocco’s extension of […]
The African Development Bank (AfDB) issued a report on Morocco’s efforts to strengthen economic ties with African countries, noting that the Kingdom is steadily becoming a main economic hub in the continent. The report dubbed “Analysis of Morocco’s Trade Policy,” sheds light on the progress of Morocco’s trade with Africa and recommends lowering custom duties […]
