Morocco – Chinese province of Shandong

Managem diversifies into gas with purchase of Sound Energy Morocco East Limited

Morocco’s biggest mining company, Managem, bought Sound Energy Morocco East Limited as it seeks to diversify into gas, the company said. Managem acquired 55% of the Tendrara concession, 47.5% of the Grand Tendrara Permit and 47.5% of Anoual Exploration. The transaction would help Managem contribute to the development of gas production in the country with […]

Tesla’s Morocco Office, gateway to African market, scaling up competition against Chinese EV

Tesla’s Africa expansion through its new Morocco office opens doorways for its vehicles to sell in more than 50 countries that the North African country has free-trade agreements with, said the “China Global South” news outlet. The U.S. EV giant’s Africa expansion intensifies a battle for dominance in Africa’s emerging electric vehicle market, where Chinese […]

Libya: East-based HoR praises Morocco’s efforts to defuse political crisis

Libya’s House of Representatives (HoR), located in Tobruk, east of Libya, has commended Morocco’s efforts to help reach a solution to the Libyan political conflict and lift the UN-imposed arm ban on the North African country since 2011. HoR President Aqila Saleh, who is attending the 14th session of the Conference of the Parliamentary Union […]