Morocco’s automotive industry exports up 16% in 2021

Morocco’s car industry sales rose 16% to stand at 84 billion dirhams, or $9 billion, contributing largely together with phosphates and agri-food products to a significant rise in exports. Morocco is home to two plants of French carmakers PSA and Renault as well as car part suppliers. Last year’s car exports outperformed pre-pandemic levels posted […]

Libya’s division, bureaucracy hinder investment flow- State Department

Division of state institutions, bureaucracy, and corruption were key obstacles to promoting foreign direct investments in war-torn Libya, despite the country’s colossal need in terms of infrastructure and economic diversification, the US State department said. “Despite the high potential for domestic and foreign investment in Libya due to its reconstruction needs, unmet consumer demand, and […]

UK gives Tunisia go-head to produce AstraZeneca vaccine

Tunisia will produce British Oxford-AstraZeneca coronavirus vaccine following an agreement with the United Kingdom, Health minister of the North African country confirmed on Monday. Faouzi Mehdi told local Express FM that both countries reached an agreement-in-principle for the production of the vaccine in Tunisia. The agreement came following a meeting with the British ambassador to […]