Shanghai Auto Parts said it plans to set up a production plant in Morocco, which boasts an expanding automotive sector that is adapting to the needs of the electric vehicle industry. The plant would cost some 130 million dollars or 1.3 billion dirhams, the company said in a statement. The plant, to be called Shanghai […]
The Economic Community of West African states (ECOWAS) and its regional partners have launched a strategic regional committee for fertilizer control to address West Africa’s fertilizer quality challenges. ECOWAS, in cooperation with the West African Economic and Monetary Community (UEMOA) and the Permanent Interstate Committee for Drought Control in the Sahel (CILSS), has officially launched […]
The Organization for Economic Co-operation and Development (OECD) projected the Moroccan economy to grow by 3.5% this year and 3.7% next year, in an optimistic forecast that is closer to the government’s expectations of 4%. In its recent projections, Morocco’s central bank sees the economy growing by 2.6% this year from 1.2% last year. The […]
