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Libya: Political Deal Reached in Morocco, Major Stride towards Peace

The political agreement signed by several Libyan negotiators in Morocco this weekend is a breakthrough towards a lasting peace in the North African country, although the Tripoli-based General National Congress has not initialled yet. Libya, which has been rocked by violence and fighting between rival armed groups competing for power since the fall of Gadhafi […]

Morocco unseats South Africa as Africa’s largest automotive industry base- Fitch Solutions

In 2024, Morocco is set to unseat South Africa as the largest car producer base in Africa, thanks to its investment climate which attracted investments from major European and Chinese producers. “Morocco will remain the favored investment destination for autos due to its proximity to the EU, existing trade agreements, and efficient logistics infrastructure,” Fitch […]

Morocco Gets Over $96 Loan to Improve Access to Employment

The African Development Bank (AfDB) has announced a $96.6 million loan to Morocco to enable the country to implement a program on improving access to employment through vocational training. “Morocco is one of the first African countries to use this innovative financing instrument that makes the disbursement cycle conditional on achieving results, while reducing transaction […]