Bouteflika

Automotive Industry: New Comer Confirms Morocco’s attractiveness

Spain’s car parts maker, Ficosa, is planning to set up in Morocco a plant specialized in producing in-vehicle cameras, Spanish media reported. The Catalonia-based Ficosa, which has been sold to Japan’s Panasonic last July, plans to invest €50 million in two new plants in Morocco and Malaysia respectively. The Moroccan factory will be located in […]

Southern Africa hit by extreme drought, leaving some 20 millions facing hunger

The unprecedented drought that has enveloped large parts of southern Africa since late last year has impacted more than 6 million people in Zambia, 3 million of them children, nearly half of Malawi’s population and 30% of Zambia’s, United Nations Children’s Fund (UNICEF) has warned. The drought in Zimbabwe, Zambia and Malawi has now reached […]

Morocco Should Breakaway with French Model to Boost Competitiveness

“Strengthening the competitiveness of Morocco’s economic fabric hinges on breaking away with the French model that is detrimental to economic development,” said trade and industry minister Moulay Hafid El Alamy who was speaking at a conference in his capacity as a businessman. The French mode has failed. It hinders entrepreneurship and favors employment by the […]