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Morocco’s automotive industry attracts over €300 Mln new investment
Stellantis group, one of the world’s leading automakers, announced on Wednesday a new investment of over €300 million in its Kenitra manufacturing facility aimed at doubling the site’s production capacity and launching the “smart car” platform. The announcement was made by the group during a meeting held in Rabat with Head of Govt. Aziz Akhnnouch […]
USA-Morocco: President Biden underlines two countries’ shared interest in peace, security and stability in North Africa
President Joe Biden has highlighted the enduring relationship binding the United States and Morocco since the signing of the bilateral Treaty of Peace and Friendship in 1786, underlining the two countries’ shared interest in peace, security and stability in North Africa. This came in a message of congratulations President Biden addressed to King Mohammed VI […]
Nigeria greenlights Seplat Energy’s buy of ExxonMobil’s Nigerian unit
Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]



