leon-morocoo

Morocco stands as best industrial alternative to Asia amid Red sea crisis

The hijacking of commercial ships and drone attacks by the Iran-backed Houthi rebels have disrupted supply chains leading many in Europe to think of Morocco as an industrial hub and an alternative to Asia. Weeks-long attacks on commercial vessels led global shipping firms- including Denmarks’s Maersk and Taiwan’s Evergreen- to avoid the Red Sea and […]

Morocco-COVID-19: Extension of night curfew, other preventive measures for two more weeks

Morocco will extend the nation-wide curfew and other preventive measures decreed on Dec.19 by two more weeks, starting this Jan.19 at 9 p.m., the government has announced in a press release. The government said the decision was made in view of the evolution of the epidemiological situation worldwide and the new developments, particularly the emergence […]

Libya contemplates seizure of Zambia’s international assets over $380-million debt

Libya’s telecommunications investor LAP GreenN, controlled by the UN-backed Government of National Accord (GNA) is considering seizure of Zambia’s international asset in a bid to recoup $380 million that Southern African country owes it.   The debt, LAP GreenN notes, dates back to Zambia’s nationalization of Zamtel in 2012, a year after LAP GreenN bought […]