Auto Industry: €50 Mln earmarked for 1st Moroccan car brand for local market

“Neo” is the first Moroccan car brand to be produced for local market with a €50 million investment which will be used for the building of a factory for this project. The announcement has been made by the Minister of Industry & Trade, Ryad Mezzour. He told Saudi newspaper Asharq that the plant is expected […]

Algeria: Statoil & BP Pulling out Staff after Gas Plant attacks

British Oil Company BP and Norwegian Statoil announced Monday they would withdraw their staff from two Algerian gas plants after terrorists fired rockets at the third largest gas field of the country situated in the Sahara desert. The companies will withdraw their staff from the In Salah and In Amenas gas plants as security measures […]

Equality drive: African female entrepreneurs want equal opportunities within AfCFTA

While Africa claims top three spots in Mastercard Index for highest concentration of women business owners in the world, a great majority of females on the continent are still struggling with gender biases in their every-day lives. Women leaders from across Africa attending a recent first International Conference on Women’s Transformational Leadership, in Juba, South […]