Business Finance

Online Shopping Surges 65% as Quarter of Moroccans Embrace E-Commerce

Nearly one in four Moroccans completed online purchases in 2024, marking a substantial shift in consumer behavior over the past five years, according to the National ICT Survey 2024-2025 conducted by Morocco’s telecommunications regulatory agency. The adoption rate climbed from 15.1% in 2019 to 24.9% in 2024, representing 3.7 million new online shoppers—a 65% increase. […]

Asia Business Egypt Emerging Markets International

China’s Hengtong to manufacture fiber-optic cables in Egypt

Chinese power and fiber optic cable manufacturer Hengtong will set up a plant in Egypt to produce fiber cable as result of a deal between the Chinese company and the Suez Canal Economic Zone (SCZONE). Hengtong will invest $18 million for the project with a capacity of up to 2 million kilometers in the zone. […]

Business Europe Headlines International Morocco

e-commerce: La Poste Maroc, French Geopost Set up “Chrono Diali”

La Poste Maroc, Morocco’s largest mail and parcels company, has partnered with “Geopost”, a subsidiary of French group La Poste, to set up a joint venture specializing in e-commerce parcels delivery throughout the Kingdom. The creation of the new operator “Chrono Diali” has received approval of the Moroccan authorities. La Poste Maroc holds 51 pc […]