Morocco’s automotive sector was the largest in Africa in 2017 with an output of 345,000 cars, surpassing South Africa’s production of 331,000 cars, South African business news outlet, IOL, said. “Morocco posed a threat to South Africa’s automotive industry because it was about 16km from Europe and focused on that market rather than sub-Saharan Africa,” […]
The European Bank for Reconstruction and Development injected 38.4 million euros-via a green bond issuance- in Moroccan rail operator ONCF, as the latter expands its network. “Issuing the bond will partially refinance the debt from ONCF’s latest development round designed to modernize and electrify the network; acquire and upgrade electric rolling stock; address safety units […]
President Donald Trump is planning to appoint GlaxoSmithKline executive and Moroccan-born US Moncef Slaoui to lead efforts to develop a coronavirus vaccine, Reuters reported. The US government plans to produce 300 million vaccine doses for the pandemic by the end of 2020 under a plan called “Operation Warp Speed.” Dr Slaoui, 60, joined GlaxoSmithKline in […]
