North Africa Post
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Asia Business Headlines International Morocco

Turkish ready-to-wear brands seek Moroccan suppliers

North Africa Post

Turkish ready-to-wear stores operating in Morocco are looking for local suppliers after Morocco raised customs duty on clothes imports from Turkey. Defacto’s Morocco country manager Hassan Avsar said the company has already started textile production in Morocco. LC Waikiki is following suit seeking local suppliers for their stores, Medias 24 reported. This is a direct […]
Business Features Finance Headlines Morocco

US Automaker Ford, 60th Company to Establishes Regional Headquarters in CFC

North Africa Post

The US Automaker Ford became last week the 60th international company to establish regional headquarters in Casablanca Finance City. Ford which has just obtained the CFC status will base the African regional headquarters of its branch, the Ford International Business, in Casablanca Finance City wherefrom it will manage its operations across the continent. The CFC […]
Africa Features Headlines International

Kenya and Uganda win $2bn railway arbitration case in London

North Africa Post

Kenya and Uganda have secured a major legal victory after the London Court of International Arbitration (LCIA) dismissed a $2 billion claim filed by Rift Valley Railways (RVR) consortium over a terminated railway concession. The dispute stemmed from a 25-year agreement signed in 2006, granting RVR the right to manage and operate the 2,350-kilometer Kenya-Uganda […]