APU meeting in Djibouti

Tunisia: President, Prime Minister in cold war

Tension is brewing between Tunisia’s President Kais Saied and Prime Minister Hichem Mechichi with the latest silent showdown being the sacking of Interior minister Taoufik Charfeddine. Mechichi Monday sacked pro-Saied Charfeddine for trespassing his power scope after it was reported that the dismissed Interior Minister was preparing a reshuffle of the country’s security apparatus. The […]

Automotive sector leads Morocco’s exports in January-August

The automotive sector continues to top Morocco’s exports in the first eight months this year at 10.3 billion dollars, up 7.6%, Morocco’s foreign exchange agency said. Morocco is home to two production plants by Renault and Stellantis and has an ecosystem of parts producers as it has also attracted Chinese EV battery manufacturers. Despite consecutive […]

EBRD Lends Figeac Aéro €38 Mln for Expansion in Morocco & Tunisia

The European Bank for Reconstruction and Development has lent French aerospace manufacturer Figeac Aéro SA €38 million to finance its production expansion in Morocco and Tunisia. The EBRD loan will support the transfer of skills and advanced technology and an improvement in local quality standards towards international levels. The creation of new jobs in countries […]