UN Special Representative and Head of the UN Support Mission in Libya Kobler poses with representatives of Libyan municipalities after their meeting in Tunis

Chinese tire manufacturer starts building major plant in Morocco

Shandong Yongsheng Rubber Group Co., Ltd., a leading Chinese tire manufacturer, has launched construction works of a major plant in Morocco, enhancing further the country’s growing automotive ecosystem. The Chinese group has earmarked $675 million investment for this new production site to be built over a 25 ha area in the Betoya Free Zone, Driouch […]

“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook

The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September). African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 […]

Football: Morocco Head Coach Regragui Leaves His Post, Wahbi Takes Over

After several weeks of swirling rumours about his departure as Head coach of Morocco national football team, Walid Regragui has finally stepped down from his position and has been replaced by Mohamed Ouahbi. The announcement was made Thursday evening during a press conference held at the HQ of the Royal Moroccan Football Federation (FRMF) in […]