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German ZF LIFETEC joins Morocco’s competitive automotive ecosystem

German ZF LIFETEC Company, a leader in automotive safety systems, has opened a production site in Tangier Automotive City, specialized in the manufacturing of vehicle steering systems. This state-of-the-art facility, built over 8,000 m2 area located near the Tangier Med industrial platform, marks a significant leap for global passive safety technology. The new plant employs […]

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Africa eyes $1.5 trillion trade surge by 2025, but structural hurdles remain

Africa’s trade is poised to hit a record $1.5 trillion in 2025, driven by accelerating regional integration and improved infrastructure, according to projections from the IMF and Afreximbank — yet economists warn of persistent structural hurdles. With trade growth expected to average 5.1% annually through 2026 and intra-African trade expanding at 6.6% per year, the […]

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Cavotec wins €5 Mln deal for container terminal in Morocco

Swiss engineering Company Cavotec announced on Thursday it won a €5 million contract with a major port operator to deliver its MoorMaster automated vacuum mooring system to a container terminal in Morocco. The delivery of the system is scheduled for September 2026 and includes a two-year service agreement. Cavotec system keeps vessels stable during operations, […]

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Modern Diplomacy: U.S.-China Rivalry Provides Morocco Real Market Opportunities

The economic rivalry between the U.S. and China offers Morocco real market opportunities with complex challenges, said European news platform “Modern Diplomacy”. The North African Kingdom, a regional emerging economy strategically situated between Europe, Africa, and the Atlantic, is set to benefit from the divide, said the media outlet in its analysis on the impacts […]

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Tunisair Technics called off strike after last-minute deal

A planned three-day strike by employees of Tunisair Technics has been officially cancelled following a successful conciliation session facilitated by Tunisia’s Ministry of Social Affairs. The industrial action, originally scheduled for 3–5 July, was withdrawn after negotiations between the UGTT (Tunisian General Labor Union), company representatives, and Government officials led to a consensus. The emergency […]

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Libyan Investment Authority achieves world’s highest growth rate among sovereign wealth funds in 2025

The Libyan Investment Authority (LIA) has achieved the highest growth rate among global sovereign wealth funds in 2025, according to a report by Global SWF. The LIA recorded an impressive 32% year-on-year growth, earning an overall score of 84% in the Governance, Sustainability, and Resilience (GSR) Scoreboard. This performance places the LIA third among Arab […]

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Morocco: 13 new social centers to support vulnerable communities

King Mohammed VI has authorized the immediate operation of 13 new social centers across Morocco, representing a significant expansion of services for the country’s most vulnerable populations through a $30 million investment. The Mohammed V Foundation for Solidarity constructed these facilities across eight provinces as part of three major programs addressing healthcare access, disability support, […]

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Morocco’s airport authority restructures for “Airports 2030” Strategy

Morocco’s National Airports Office (ONDA) has launched a comprehensive organizational restructuring to strengthen performance and deploy its strategic “Airports 2030” development plan through leadership changes across three major operational divisions. The airport authority announced two significant internal organizational changes involving interim appointments, recruitment processes, and retention of internal expertise. ONDA has issued calls for applications […]

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Trump announces surprise summit with five West African leaders

President Donald Trump will host leaders from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal for an unexpected summit scheduled July 9-11, marking a significant diplomatic engagement with West African nations. The surprise announcement represents a continuation of intensifying American diplomatic efforts toward the African continent, following recent successful mediation between regional partners. Last month, the White […]

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Morocco, KSA explore new investment prospects

A high-ranking economic delegation led by the President of the Federation of Saudi Chambers, Hassan bin Mujeb Al-Huwaizi, is currently on a visit to Morocco to explore new investment prospects in the North African country. The visit is part of the strengthening of economic ties between Morocco and Saudi Arabi, and aims to identify new […]