eu-algeria flags

Morocco reaps benefits of car industry strategy

One dirham in two received out of industrial exports are generated by the car industry sector which topped Morocco’s industrial exports in 2018 taking 44.5%. The sector employs 85,00 people as the automotive sector’s clusters continue to expand pushing car exports above phosphates and tourism revenues. These achievements are all thanks to the industrial acceleration […]

EU warns Kenya over grand corruption, but overall Africa makes progress

The European Union has threatened to blacklist Kenya over corruption and money laundering, with the bloc’s Ambassador to Kenya warning that the east African country’s reluctance to curb corruption and money laundering could scare off investors. The EU is revisiting an old problem Nairobi has struggled to contain and if there is no substantial progress […]

Fortescue mulls Morocco-UK power link

Australian mining giant Fortescue is considering investing in Morocco’s renewable energy sector to export electricity via undersea cables to the UK. This came in an interview on the Telegraph with Andrew Forrest, the founder and boss of iron ore giant Fortescue, who is seeking support from the UK’s Secretary of State for Energy Security and […]