automotive industry

UK Global Ports Holding, Preferred Bidder for Management of Casablanca Cruise Terminal

A consortium led by UK’s Global Ports Holding, the world’s largest independent cruise port operator, has been awarded by Moroccan authorities “preferred bidder status” to operate the Casablanca new cruise terminal. Besides GPH, which owns 51% of the consortium, the selected group includes local shareholder, Steya (40%) and Spanish Ocean Infrastructures Management (9%). After becoming […]

Azuri Technologies raises $26 million to expand solar kit business in Africa

UK-based Azuri Technologies said it has raised $26 million to expand its individual solar kit business to cater to African households. According to the company, Marubeni Corporation – a well-known Japanese conglomerate, which invests in renewable energy projects across Africa – contributed a significant amount of investment. IP group, a British technology-focused investment fund, and […]

Tanger Med climbs in Alphaliner global container port ranking

Tanger Med jumped to the 17th position among the World’s largest container ports, Alphaliner said in its recent ranking. The Moroccan port won two places after it handled 10.24 million TEU containers in 2024, compared to 8.61 million the previous year. Tanger Med Port, at the gate of the Gibraltar Strait, outperformed all Mediterranean and […]