Corporate Council On Africa

Morocco unveils $180 mln in new automotive sector investments

Morocco and five automotive part manufacturers signed 8 investment agreements worth 1.7 billion dirhams ($1.8 billion) to set up plants in different industrial locations to boost the wiring components, key to meeting the growing orders from electric vehicle makers. Speaking during the signing ceremony, Moroccan Industry Minister Ryad Mezzour said the new investments reinforce Morocco’s […]

Côte D’Ivoire, First Destination for Morocco’s FDIs

Côte D’Ivoire has been receiving most of Morocco’s foreign direct investments thanks to sustained efforts by the business community in the two countries and the existence of a strong political willingness evidenced by the close ties between the leadership of the two countries. The current visit of King Mohammed VI to Abidjan is part of […]

Transparency: Uganda joins EITI to attract local, foreign investment

Uganda has joined the Extractive Industries Transparency Initiative (EITI) in order to subject its oil industry to scrutiny and promote accountable management of revenues. Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy. According to Uganda’s Minister for Finance, […]