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EBRD Supports Morocco’s Car Industry with € 15 Mln Loan to Varroc Lighting Systems
The European Bank for Reconstruction and Development (EBRD) supports Morocco’s automotive industry with a €15 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The EBRD’s financing will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant […]
After Saudi Arabia, Moroccan Finance Minister visits Kuwait
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, held, Tuesday in Kuwait city, talks with her Kuwaiti counterpart, Abdelouahab Errachid, on ways to strengthen cooperation between the two countries. According to a statement by the Kuwaiti Ministry of Finance, relayed by KUNA News Agency, the two parties welcomed, on this occasion, the strong relations […]
BP exits Senegalese gas field amid disputes with Government over priority
British multinational oil and gas company, British Petroleum (BP) has left the Senegalese Yakaar-Teranga natural gas field following a fallout with authorities over the utilization of the commodity, Sputnik reports. The move came after Senegal’s Minister of Oil and Energy Antoine Felix Diome told media that both sides are on opposite sides when it comes […]



