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EU Greenlights an €800 million Package of Financial Guarantee Programs in Africa, Neighborhood

As part of its External Investment Plan, the EU Tuesday gave its green light to a package of financial guarantee programs worth around €800 million. This will help to leverage an estimated €8-9 billion in public and private investment in Africa and the Neighborhood, the European Commission announced in a press release. The decision is […]

Morocco: American Hexcel Settles in Casablanca

American Hexcel Tuesday entered the Moroccan aeronautic market breaking ground on a new engineered core facility in MidParc Free Trade Zone Industrial Park in Casablanca, Morocco with an investment of $20 million. When fully operational in 2017, the facility will convert HexWeb® honeycomb materials into engineered core parts that are used for structural reinforcement and […]

Washington plans to establish military industrial base in Morocco- media

Washington is reportedly planning to establish a military industrial base in Morocco, which plays a leading role in combating terrorism, as well as in view of its integration into the international military equation. In this connection, US President Joe Biden has instructed Defense Secretary Lloyd Austin to prepare an emergency plan to establish the military […]