The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of €70 million to bolster the regional bank’s support to the private sector in the West African Economic and Monetary Union (WAEMU). The agreement, AfDB notes, was signed in Lomé on […]
Egypt has decided to grant foreign yacht tourists three-month visas, as opposed to the previous one-month allowance, in a move to boost the sector. The Ministry of Transport indicated in a statement issued Tuesday July 25 that the move is meant to remove all obstacles facing foreign yacht tourists along the Egyptian coasts and to […]
Canada’s auto parts manufacturer Linamar Corp. is building a US $280 million plant in Morocco wherein car industry is thriving, becoming a leading export sector, attracting more & more foreign investors. Linamar’s plant is destined to supply engine parts to the new Peugeot factory before expanding to new plants that should open soon in Morocco. […]
