Tunisia corona

China seeks military base in Africa as West loses ground- Think Tank

China is reportedly seeking a new military base in Africa, building on growing anti-western sentiment as it seeks to strengthen its foothold in a continent that is increasingly coveted, the London-based Chatham House Think tank wrote. “For over three decades, every Chinese foreign minister’s first overseas trip of the year has been to Africa. This […]

Moroccan central bank invests in World Bank green bond

Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the World Bank in Marrakech. The EUR 100 million 3-year and EUR 100 million 5-year Sustainable Development Bond transactions will support the financing of the World Bank’s sustainable development activities, the […]

TE Connectivity opens its second production plant in Morocco

The world’s leading manufacturer of sensor and communication systems, TE Connectivity, opened its second factory at Tangier Automotive City this week. The new plant will support the company’s commercial and industrial transport solutions in Europe, Africa, and the Middle East (EMEA region). The Suisse-based company, which had a single distribution center in Morocco in 2012, […]