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Africa Energy Finance Headlines International Morocco

AfDB Supports Morocco’s Rural Electrification with €245 Loan

North Africa Post

The African Development Bank (AfDB) approved on Wednesday a €245 million loan to the National Office of Electricity and Drinking Water (ONEE) to enable the Moroccan utility company expand its rural electrification projects. “Developing a reliable electricity network will enable the Kingdom to meet an energy demand recording a 5 pc annual growth” said Mohamed […]
Asia Business Headlines Morocco

China’s Guizhou Tyre approves nearly $300 million tire factory in Morocco

North Africa Post

Chinese tire manufacturer Guizhou Tyre has approved plans to build a new production facility in the Cité Mohammed VI, Tanger Tech industrial zone, confirming an investment close to 300 million dollars. The company’s board of directors validated the project on January 5, giving the green light for the construction of an intelligent tire plant with […]
Algeria Headlines Morocco

Morocco Beats Algeria in UN Fourth Committee Elections

North Africa Post

After Morocco was unanimously elected Vice President of the 72nd General Assembly that will run from September 2017 to September 2018, another victory was registered by a Moroccan diplomat who was voted Vice-Chair of the politically sensitive UN General Assembly’s fourth Committee on decolonization. The Fourth Committee elected Yasser Halfouni of Morocco as the Vice-Chair […]