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Morocco, Africa’s leader in car manufacturing – Sky News Arabia

Morocco has become the first African country in the field of car manufacturing ahead of South Africa, said the UAE-based Sky News Arabia TV channel. Morocco, thanks to its potential, has been able to achieve record levels in the automotive industry, said the news channel on its website, noting that this has allowed the Kingdom […]

Attijari Bank Mauritania partners with Proparco to guarantee loans to SMEs

In Mauritania, Proparco, a Development Financial Institution partly owned by the French Development Agency, has signed an agreement with Attijari Bank Mauritania, the local subsidiary of the Moroccan financial group Attijariwafa Bank, to guarantee up to €5.5 million ($6.1 million) loans to approximately 140 Mauritanian small and medium-sized enterprises (SMEs). According to the MoU signed […]

Egyptian Tourism Bets on Campaigns to Boost Sector

Egyptian tourism professionals pin high hopes on campaigns to revitalize the sector which has been badly hit by repeated terror attacks that scared off foreign tourists. In 2014, nearly 10 million tourists visited the North African country, bringing with them $ 7.5 billion in revenues against the 14.7 million tourists that visited Egypt in 2010, […]