cargoship

Aeronautics: Spirit AeroSystems launches production of fuselage components in Morocco

Spirit AeroSystems, one of the world’s largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets has recently started producing at its Morocco plant the fuselage components, the front and rear section of the Airbus A220 aircraft. The site has developed expertise in the manufacturing of components for Bombardier business jets and has […]

COVID 19: EIB Supports Moroccan Private Sector with €440 million

The European Investment Bank Group (EIB) announced a financial support for the private sector in Morocco worth €440 million, notably through its credit lines with Moroccan financial institutions. The loan is intended to assist Morocco in addressing the impact of COVID-19 on the economy. “These credit lines dedicated to financing the private sector would be […]

Burkina Faso, Mali, Niger introduce 0.5% import tax to fund AES activities

Burkina Faso, Mali, and Niger have introduced a 0.5% tariff on goods imported from third countries, a move aimed at financing their activities within the Alliance of Sahel States (AES). This new tax, named the “AES confederal levy,” will apply to products entering the three countries but will exclude goods from other AES members, as […]