The European Bank for Reconstruction and Development (EBRD) supports Morocco’s automotive industry with a €15 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The EBRD’s financing will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant […]
India is stepping up its critical mineral acquisition plans in Africa, with New Delhi reportedly eying to sign new and updated mineral pacts with about a dozen African countries, in bid to challenge China’s dominant position on the continent. India’s Ministry of Mines has said it was in discussions with Côte d’Ivoire, Democratic Republic of […]
The reinvigoration of Morocco’s diplomacy in Africa and its willingness to join the African Union are indicators of a broader ambition to expand its influence and defend its position on the Sahara issue, says Stratfor, a US-based geopolitical intelligence firm. “Morocco has been laying the economic and diplomatic groundwork to extend its reach into the […]
