African-development-Bank

Morocco Officially Offers Mediation in GCC-Qatar Rift

Morocco’s foreign ministry issued a statement expressing the Kingdom’s willingness to mediate in the crisis that has shaken the Gulf after Saudi Arabia and the UAE and their allies in the Arab World and beyond severed ties with Qatar, which they accuse of supporting terrorism and side-lining with Iran. “If the parties wish so, Morocco […]

Chinese Yang Tze to Produce Electrical Cars in Morocco

Chinese carmaker Yang Tze will establish a factory to produce electrical cars and busses near Tangier for a total investment of 1 billion dirhams ($101.6 million.) This was announced by the Chinese group’s CEO Wu Tian CAI following a meeting in Tangier with the President of the Tangier-Tetuan- Alhuceima region, Ilyas EL Omari. The new […]

DRC: Oil Companies in the southeast on strike

The oil companies operating in the provinces of the former Katanga and the Kasai region have announced “that they will proceed from this Thursday, August 6, to the cessation of their activities of distribution and storage of petroleum products.” The announcement came in a press release from the Haut-Katanga section of the Congolese employers’ union, […]