North Africa Post
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Business Europe Headlines International Morocco

Aeronautics: Thyssenkrupp to Open Processing & Logistic Site in Morocco

North Africa Post

German Group thyssenkrupp Aerospace will open a processing and logistics center in Casablanca before the end of the year, confirming the momentum of Morocco’s aerospace industry which continues to attract foreign investors. Mr. Patrick Marous, CEO thyssenkrupp Aerospace, said the Casablanca site will enable thyssenkrupp to supply its local customers with the required materials and […]
Emerging Markets Finance Headlines Morocco

Morocco raises salaries of civil servants and hikes minimum wage for private, farming sectors

North Africa Post

The Moroccan government agreed to a 1000 dirham pay rise for civil servants and hiked by 10% the minimum wage for workers in the private and farming sectors. This came following a new round of dialogue with the main labor unions in the country. The pay raise will take place in two stages this year […]
Africa Business Emerging Markets Headlines International

Botswana propelled to world’s top diamonds producer

North Africa Post

Botswana has ascended to the rank of the top diamond producer globally, unseating sanctions-hit Russia. Most of Botswana’s diamond found in the Orapa diamond deposit is operated by De Beers, a leading diamond company. Following the G7 sanctions on Russia, De Beers moved its auctions to Botswana to streamline its business operations and facilitate the […]