Chinese automotive supplier Tianyouwei installs in Morocco with $76 Mln investment

Tianyouwei, a Chinese producer of automotive instrument panels and smart cockpit solutions, has decided to invest $76 million in its new production site in Morocco. The new plant will produce electronic dashboards and all in-vehicle electronic components destined for the European market. The Chinese company said the establishment of a manufacturing site in Morocco represents […]

Nigeria targets $2bln World Bank loan

Africa’s most populous nation is eying a $2 billion World Bank loan to help address pressing challenges and back up hard currency reserves, the government said. The country qualifies for the financing and has the support of other regional banks such as the African Development Bank, Nigerian finance minister Wale Edun said on the sidelines […]

UAE Real Estate Group to Invest Over $ 31 Mln In Morocco

Real Estate Group Green Valley of the United Arab Emirates has announced plans to invest over $31 million to enhance its presence in thriving Morocco. According to Ali Al Salami, General Director of the UAE group, which has already projects in the North African Kingdom, Morocco’s stability and its strong friendship ties with Emirati leaders […]