sogefi

Chinese company considers $2bn investment in cast-iron pipes, steel industry in Egypt

Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head of the Chinese firm, He Kijo, made the announcement during a meeting with Prime Minister Mustafa Madbouli in Egypt. The project is set to be built on an area of […]

COVID-19: Extension of state of health emergency in Morocco until April 10, 2021

The Moroccan government Council, held in Rabat this Thursday March 04, has decided to extend the state of health emergency, that was scheduled to expire on March 10, until April 10, 2021. The Council adopted the draft decree extending the state of health emergency throughout the national territory from Wednesday, March 10 at 6 p.m. […]

Morocco gets €270 Mln funding from AfDB for expanding healthcare, creating jobs & supporting quake victims

The African Development Bank (AfDB) is supporting Morocco’s efforts to enhance inclusive access to healthcare, improve employability of vulnerable people through training, and provide urgent assistance to the families affected by Al Haouz earthquake. In this connection, three financing agreements worth €270 million were signed Tuesday in Rabat by the Bank and the North African […]