Time and money are running out for Algeria as it eats into its foreign reserves trying to avert the inevitable: bankruptcy. The country’s Prime Minist...
ICAO: African airlines lost $14 billion in 2020 due to COVID -19
The Covid-19 pandemic has dealt a severe blow to African transporters, who in 2020 experienced a historic drop in business. According to data publishe...
Polish LUG Light Factory to set up production unit in Southern Morocco
Polish manufacturer of professional luminaires and lighting systems, LUG Light Factory, on Thursday signed a declaration of intent to invest in Morocc...
Nexans inaugurates new plant in Morocco for the production of fiber optic cable accessories
Nexans has inaugurated this Tuesday a new plant for the Telecom Systems Business Unit in Nouaceur, strengthening thus its industrial presence in Moroc...
Morocco joins Bloomberg African Bond Index
Morocco has joined the Bloomberg African Bond Indices (ABABI) of the African Development Bank (AfDB). Mauritius also joined the index set up in 2014 b...
Moroccan CGEM, Chinese CCPIT sign MoU to strengthen economic & trade ties
The General Confederation of Moroccan Enterprises (CGEM) and the China Council for the Promotion of International Trade (CCPIT) signed Monday, through...
The City of Dakhla Wins “Dream Region-2021” Award
The city of Dakhla, pearl of the Moroccan Sahara, has been voted “Dream Region 2021” during a ceremony organized lately by online news outlet “Tourism...
Morocco’s economic growth to pick up to 4.6% in 2021- HCP says
Morocco’s economic growth is expected to pick up to 4.6% in 2021 after a 7% loss in 2020 due to the coronavirus pandemic which hit both exports and lo...
Morocco, US explore prospects for cooperation in defense industries
Morocco and the US discussed prospects for cooperation in the field of defense industries as Rabat ambitions to develop domestic military industries. ...
Wind power: Spanish company InCom opens plant in Morocco, its first in Africa
Spanish InCom company, a multinational group dedicated to the engineering, design and manufacture of composite kits for the wind blade industry, has t...