Algeria niqab

Rolling Plus signs deal with Egypt to set $1bln tire factory in SCZONE

Rolling Plus Chemical Industries will set up in Egypt’s Suez Canal Economic Zone a factory to produce tires with a total investment of above $1 billion, as part of the North African country’s automotive strategy aiming at developing the local car industry in order for the country to become a regional manufacturing hub. Rolling Plus […]

Covid-19: Morocco beefs up vaccine stockpile ahead of reopening of borders for travellers

Morocco continues to enhance its stockpile of vaccines against covid-19 as it prepares to reopen its borders for inbound/outbound commercial flights starting February 7. The North African Kingdom has received over the weekend additional 1.6 million doses of the Pfizer vaccine donated by the United States through Covax program. This new donation of Pfizer doses […]

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 […]