EBRD new director for Morocco Antoine Salle de Chou

UNCTAD: Morocco, an exemplary domestic automotive industry

The UN Conference on Trade and Development has praised the progress made by the automotive industry in Morocco, which is now positioned as a production platform with the entry of several groups, including German Motor Distributors, Renault, Snop (parts and components supplier), Stellantis, Sumitomo Electric Wiring Systems and Yazaki. In its “Economic Development in Africa” […]

Norwegian Scatec to build 5 gigawatts wind power plant in Egypt

Norwegian renewable power producer Scatec ASA will build a 5 gigawatts wind power plant in the Egyptian city of Sohag, near the Nile, following a $5 billion deal signed with the Egyptian ministry of Electricity and Renewable Energy. In line with the deal, the two sides signed Wednesday an agreement for Egypt’s New and Renewable […]

AFRICOM rebuffs Zimbabwe’s claims of US plans for military base in Zambia

A top US general has denied recent claims by Zimbabwean government officials that Washington is establishing a military base in neighboring Zambia and is supporting the country economically in a bid to isolate Zimbabwe within the region. General Michael Langley, head of US Africa Command, or AFRICOM, described as “absolutely false” Zimbabwe’s claims that the […]