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Morocco Lures Auto Wheel Makers

Morocco is on its way to become the world’s third largest producer of aluminum wheels as it continues to attract investments by world automotive industry giants. On July 26, China’s Citic Dicastal signed a deal with the Moroccan government to build two plants for auto wheel production in Morocco with an investment of €350 million […]

Six Moroccan aircrafts loaded with aid land in Beirut

Six Moroccan aircrafts carrying vital humanitarian aid have arrived in Beirut, which was devastated by a blast that submerged Beirut in debris. The aid was sent upon orders from King Mohammed VI who also instructed the setting up of a field hospital to treat blast stricken population of the city where hundreds lost their lives […]

African start-ups break record with securing $1.2bn funding in 2024 — report

African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]