kenya-explosions

Maersk unveils plans to invest $500m in Egypt’s Suez Canal

Danish shipping company Maersk is planning to inject around $500 million worth of investments into the Suez Canal Container Terminal in East Port Said, statement issued by the Suez Canal Authority (SCA) indicated Thursday. The money will go into the development of a new container dock with a length of 1,000 meters beside the current […]

German WIKA Group Opens Branch in Morocco

The WIKA Group, a global leader in pressure and temperature measurement, has opened a new subsidiary in Casablanca, Morocco, to support its existing customers across the Maghreb region. “The opening of the subsidiary in Morocco marks an important milestone in our regional growth strategy,” says Marcel Frei, Senior Vice President South Europe at WIKA. “Our […]

WB Loans Morocco $200 mln to Spur Small Agri-food Industries

The World Bank and Morocco signed a loan agreement worth $200 million in support of the second pillar of the Green Morocco Plan, particularly in the areas of promoting citrus and olive oil industries. The loan, signed by the World Bank and the Ministry of Economy and Finance, targets small and medium sized producers of […]