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,” […]
A military checkpoint in the village of el-Barth, an area between Rafah and Sheikh Zuweid in the northeastern Sinai Peninsula, was attacked by an unidentified group in the early hours of Friday and few hours later, Egypt’s Interior Ministry said a police officer was gunned down in a drive-by shooting in Cairo as he was […]
Akwa Africa, a subsidiary of Moroccan Akwa group, is set to acquire Total Energies fuel distribution subsidiary in Mauritania, the competition council said. The council said it was informed about the sale without offering details on the transaction which Financial Afric said would amount to 185 million dollars. Akwa Africa was established to help the […]
