Africa Europe International

Macron’s Africa tour: France seeks to ‘renew relationship’ with continent

French President Emmanuel Macron today (25 July) begins a three-nation tour of western African states in the first trip to Africa of his new term as he seeks to reboot his country’s post-colonial relationship with the continent. Macron’s 25-28 July tour, also the first venture outside Europe of his new mandate, will take the French […]

Africa Asia Business Headlines International Morocco

Morocco & Shandong look forward to strengthening economic partnership

Morocco and the Chinese province of Shandong are exploring joint business opportunities in the sectors of construction, car industry, machinery and manufacturing, mining, pharmaceutical industry, agriculture and chemical industry. Shandong is one of the major industrial and agricultural provinces in China. Representatives of more than 80 Chinese companies attended a meeting held Monday within the […]

Asia Business Headlines International Morocco

China’s car part maker Citic Dicastal opens third plant in Morocco

China’s car part maker Citic Dicastal opened in Morocco its third factory worth 190 million dollars to manufacture aluminum chassis parts. The new factory in Kenitra will be ready in six months with a production capacity of 10 million units. It will offer up to 766 direct jobs, the industry ministry said in a statement. […]

Africa Asia Business Energy Headlines International Morocco

Chinese Greenland chose Morocco as its first platform in Africa to sell its industrial electric vehicles

Greenland Technologies Holding Corporation, a Chinese group that develops and manufactures 100% electric industrial vehicles has signed a distribution agreement with Morocco, its first platform in Africa. The Chinese technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles announced over the weekend it has signed a new […]

Asia Business Europe Headlines International Morocco

Morocco, thanks to its attractiveness & geostrategic location, has become a key player for China – French Magazine

Morocco has become a key country for China in its new silk roads project, thanks to the Kingdom’s attractiveness and geostrategic location, French Magazine Le Point underlines in an article published on Thursday. “Morocco has strengthened its position as a gateway to Europe and Africa in recent years. This has not escaped the attention of […]

Asia Business Emerging Markets Headlines International Maghreb Morocco

Morocco, China sign Belt Road Initiative implementation agreement

Morocco and China signed the implementation agreement of the Belt and Road Initiative providing for further Chinese investments in the Kingdom. In a ceremony chaired by foreign minister Nasser Bourita and Vice President of China’s committee for reform and development (NDRC) Ning Jizhe, the two countries vowed to add momentum to bilateral cooperation. The new […]

Egypt Europe Headlines International

Russia bans vegetable imports from Egypt over contamination fears

Russia’s Federal Service for the Oversight of Consumer Protection and Welfare has barred all imports  of various types of vegetables and fruits from producers of several countries including Egypt over fear of contaminations,  Arab Finance reports. The move, according to the federal service, is meant to prevent large-scale infectious diseases among the population. The ban […]

Asia Business Headlines Maghreb Morocco

Morocco receives Chinese anti-aircraft defense system FD-2000B

The Royal Armed Forces (FAR) have received the first batch of the Chinese long-range anti-aircraft defense system with a Chinese FD-2000B battery, ordered in 2017, according to the Spanish website Defensa.com. The first battery for the FD-2000B system was received in the middle of this year, and was activated a few weeks ago in Morocco’s […]

Egypt Energy Headlines

Egypt in talks with three Chinese companies to launch production of electric cars in 2023

Egypt is in contact with Chinese companies with three potential companies for the production of electric cars in 2023 for an investment of $127 million, Bloomberg reported. The companies, no identified, will collaborate with state-run El Nasr Automotive Manufacturing Co., Public Enterprise Minister Hisham Tawfik told Bloomberg in an interview. Tawfik also the media production […]

Africa International

President Joe Biden to host second summit with U.S. and African leaders

U.S. President Joe Biden plans to host a summit with African leaders to strengthen U.S. ties with the continent, U.S. Secretary of State Antony Blinken announced. “President Biden intends to host a summit with U.S. and African leaders to pursue a high-level diplomatic policy … that will transform relations and make effective cooperation possible,” the […]