Ivorian President Alassane Ouattara

India’s Samta Metals & Alloys invests $70 Mln in recycling plant in Morocco

India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]

Over 5.4 Mln Tourists Visited Morocco in 1st half of 2019

More than 5.4 million tourists visited Morocco in the first semester of 2019, a 6.6 pc increase compared to the same period last year, according to data released by the Tourism Observatory. The Italians top the list of inbound foreign tourists, representing 12 pc of the overall travelers who visited the North African country during […]

Egypt: ITFC earmarks $1.1bn for energy, internal trade funding in 2020

The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade in 2020, Egypt Today reports. Minister of Trade and Industry Nevine Gamea who made the announcement said $700 million of the funding will go to the energy sector, and $400 million to internal […]