Asia Business Headlines International Maghreb Morocco

Belt & Road initiative at heart of Arab-Chinese cooperation

Relations between China and Arab countries have been fostered after the launch of the Belt and Road initiative paving the way for more Chinese investments in the region. The remark was made by Chinese and Arab diplomats and officials attending the 8th Conference on Arab-Chinese Relations and Dialogue between Arab and Chinese Civilizations for the […]

Asia Business Headlines International Maghreb Morocco

World’s largest aluminum wheel producer launches second factory in Morocco

Chinese Citic Dicastal group, the largest producer of aluminum wheels in the world, launched a second factory worth €350 million in Morocco’s Kenitra, one year after opening a plant in the same area. Part of a project dubbed, Citic Dicastal Africa, the new plant stretches over a surface area of 30,000 square meters and will […]

Asia Finance Headlines International Morocco

China’s Export Import Bank taps into Attijariwafa Bank African network with $5 bln

China’s Export Import Bank and the Casablanca-based Attijariwafa Bank will join efforts in a $5 billion bank dedicated to boosting African exports to China and promoting industrial activity in the countries where the Moroccan bank operates. The deal attests to the credibility and large network of Moroccan banks in Africa, as well as Morocco’s efforts […]

Africa Asia Headlines International

South Sudan gets $600 million from China to pay civil servants

The government of South Sudan has received around $600 million from the Chinese government to pay outstanding civil servants’ salaries. South Sudan News Agency, quoting government sources, said the new loan aims to cover salaries payment. The move comes weeks after many South Sudanese deputies boycotted the presentation of the 2019-2020 budget, rising against the […]

Asia Business Headlines International Maghreb Morocco

Morocco on course to attract half million Chinese tourists annually

Morocco is set on diversifying its tourist emitting markets with the signing with Chinese tour operator, C Trip, of an agreement that could bring 500,000 tourists annually.   The North African country has attracted 12.3 million tourists in 2018 making it the largest African tourism market as it has become the 30th most visited country […]

Asia Headlines International Morocco

China & Morocco to Set up Traditional Medicine Center in Casablanca

The creation of a Chinese-Moroccan center of traditional medicine was at center of talks held this weekend in Shanghai between Moroccan health minister Anas Doukkali and Chinese officials.   The center will be set up in Casablanca. It will offer traditional medical treatments, training and the possibility to carry out scientific research.   This center, […]

Africa Asia Energy Headlines International

China to help Kenya pick location of first nuclear power plant

The Indian Ocean, Lake Victoria and Lake Turkana have been identified as the most optimal sites for the establishment of Kenya’s first nuclear power plant, local media reported.   China National Nuclear Corporation (CNNC) is helping the East African nation’s Nuclear Power and Energy Agency (NuPEA) to identify the sites that would host the first […]

Asia Headlines International Morocco

Morocco-China: Relations Gained Momentum following Royal Visit to Beijing

Relations between Rabat and Beijing have gained momentum following the visit paid by King Mohammed VI to China in 2016, said on Tuesday in Rabat Chinese Assistant Foreign Minister, Chen Xiaodong. The strategic partnership set between the two countries during the royal visit has given a strong impetus to bilateral relations, which embarked on a […]

Africa Asia Business Headlines International

Huge China-Africa expo opens in Changsha

The first China-Africa economic and trade expo kicks-off this Thursday in the central Chinese city of Changsha with the participation of over 1,400 guests and traders from 52 African countries. Launched under the framework of the Forum on China-Africa Cooperation, the expo will establish a new mechanism for economic and trade cooperation between China and […]

Asia Headlines International Maghreb Morocco

Morocco, Guest of Honor in China Big Data Expo 2019

Morocco is taking part as guest of honor at China’s 5th International Big Data Industry Expo, which kicked off on Sunday, May 26, under the theme “Data creates value, innovation drives the future.” The international event to run through Wednesday, May 29, in the capital of Guizhou province, Guiyang, Southwestern China, is the first national-level […]