Morocco’s king stresses need for adding fresh momentum to economic, social development

King Mohammed VI delivered a speech on the occasion of the twentieth anniversary of the Throne day stressing on the need for adding impetus to the already launched reforms, injecting new blood in the government and improving the country’s attractiveness to foreign investments. “Our main ambition is for Morocco to join the ranks of developed […]

Egypt seeks partnership with Japan on localization of automotive industry

Egypt’s General Authority for Investment and Free Zones has indicated that the North African country is seeking cooperation with Japan to localize the automobile industry. Hossam Heiba, Chairman of the authority, discussed with President of Toyota Tsusho a sustainable partnership between the two countries to conquer the African market, leveraging on Japan’s technological, investment and […]

Morocco joins Bloomberg African Bond Index

Morocco has joined the Bloomberg African Bond Indices (ABABI) of the African Development Bank (AfDB). Mauritius also joined the index set up in 2014 by the African bank and Bloomberg to provide investors with a reliable tool designed to measure and track the performance of Africa’s bond markets. Starting January 2021, Mauritius and Morocco have […]