cargoship

Japan’s Sumitomo Group to open electronic cable production plant in Tunisia

Japan’s industrial giant Sumitomo Group will launch next year in Tunisia a plant where it will produce cable harnesses for automobile companies in Europe. The plant to be located in Monastir industrial park (NEOPARK), will be erected by Sumitomo Electric Wiring Systems Europe (SEWS-E), the Japanese group’s European subsidiary. The future plant will require investment […]

AfDB Supports Morocco’s Industrial Acceleration Plan with €268 Million

The board of directors of the African Development Bank (AfDB) group approved a €268 million financing to phase II of the Industrialization Acceleration Support Program in Morocco (PAAIM II), the financial institution announced on Wednesday. The objective of this program is to promote Morocco’s industrial acceleration through the deployment of industrial ecosystems, the improvement of […]

Algeria Expresses Willingness to Fostering Ties with Morocco

Algeria’s foreign Minister Ramtane Lamamra made a volte face saying his country is looking forward to fostering cooperation with Morocco “at all levels.” This statement, relayed in Algerian media, came as a surprise to observers who see in Lamamra a staunch advocate of separatism as he spared no effort in lobbying against Morocco’s supreme interests […]