Business Emerging Markets Features Headlines Morocco

Morocco and Renault sign investment agreement to boost automotive sector

The Moroccan government and Renault Group have signed an amendment to their existing investment agreement, marking a significant new chapter in the strategic partnership between the Kingdom and the French automotive manufacturer. Under the agreement, signed in Rabat, Renault will expand its operations to open its platforms to more hybrid and electric car production. Renault […]

Energy Features Headlines

Electric Cars, Dirty Origins: Volkswagen’s Supply Chain Tied to African Conflict Minerals

As Volkswagen accelerates toward a greener, electric future, a growing body of evidence reveals a darker reality behind the company’s clean-energy ambitions. A new investigation by DW and De Groene Amsterdammer has found that several smelters connected to the conflict minerals trade in Africa are part of Volkswagen’s sprawling global supply chain. The minerals in […]

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 […]