Nasser Zefzafi

Japan’s Yazaki Group to expand in Morocco with a fourth factory

Global automotive parts supplier Yazaki is planning to open a new plant in Morocco in January 2020. This plant, Yazaki’s fourth in the kingdom, will be set up in Kenitra, some 40 km to the north of Rabat, and will start operating in January 2020, says L’Economiste daily. The facility will employ 2,500 people, bringing […]

Libya takes bold steps to address liquidity crisis with new banknote printing and digital payment initiatives

Libya is enacting extraordinary measures to tackle its persistent liquidity crisis. On December 5, 2024, the Central Bank of Libya announced a partnership with the British company ‘De La Rue’ to print 30 billion dinars (approximately $6.25 billion) in new currency. This decision follows years of acute financial difficulties, compounded by political instability since the […]

Morocco, Germany deepen strategic partnership with €630 Mln cooperation program

Morocco and Germany have given new impetus to their bilateral relations through the 51st Morocco-Germany intergovernmental negotiations on development cooperation, held this week in Berlin, that highlighted by the adoption of a €630 million cooperation program for the period 2026-2027. The program, inked by Director of European Affairs at the Moroccan Foreign Ministry, Redouane Adghoghi […]