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Morocco Expects a Growth Rate of 4.8% in 2017 (Official)

After a meagre growth rate of 1.2% in 2016 as a result of disappointing crop year, Morocco expects its economy to expand by 4.8% amid promising macro-economic indicators said minister of Economy and Finance, Mohamed Boussaid. The minister, who was presenting a report on the progress of the implementation of the 2017 budget in a […]

SKF opens magnetic bearing plant in Morocco to meet growing demand

Swedish SKF Company, world leader in most innovative bearings, seals & lubrication systems, has opened its new factory in Tangier, Northern Morocco. The production site will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in […]

US, AU seek diplomatic solution to Sudan’s political crisis

Diplomats from the United States and the African Union have intensified pressure on Sudan’s Transitional Military Council that is currently trying to resolve a standoff with protesters. The diplomatic push comes after the umbrella body for Sudanese protest groups, the Forces for Freedom and Change, said it will only restart talks with the ruling junta […]