EV Batteries: China’s Hailiang to build $288 Mln Copper Plant in Morocco

Chinese company Zhejiang Hailiang has announced plans to invest $288 million in a Moroccan facility to produce copper foil for lithium batteries to power electric vehicles. According to press reports, citing the Company’s filing to the Shenzhen Stock Exchange, the new Moroccan base will enable the Chinese producer of copper tubes and rods to meet […]

Morocco’s Economy to Post 4.2% Growth in 2017- Central Bank

Morocco’s Central Bank, Bank Al Maghrib, forcasted a 4.2% growth rate for Moroccan economy in 2017, up from 1.2% in 2016. The positive growth rate was put forward on the backdgrop of a promising crop year following abundant rainfall, the Bank said. The bank has kept its benchmark interest rate unchanged at 2.25 percent as […]

Sub-Saharan Africa faces grave hunger challenges in 2020 -WFP

The World Food Program has warned in its 2020 Global Hotspots Report that millions of people in Zimbabwe, South Sudan, Democratic Republic of Congo and the Central Sahel region will require life-saving food assistance in the coming months. The sheer scale and complexity of the needs will stretch the UN food relief agency’s capacity to […]