Via The Africa Report, a look at the Gulf’s continued strong investment interest in Africa: Gulf countries invested over $100bn in Africa between 2012 and 2022, leveraging the continent’s opportunities to diversify their oil-dependent economies. Nearly half of those investments came from the UAE. Here is a breakdown in infographics. Agriculture, renewable energy, healthcare and […]
Read more »Via The Africa Report, an article on the race to exploit the fish?rich waters of Western Sahara: Lying in wait for several years, Beijing, which operates several fishing vessels in Morocco, is preparing to step up its game – much to the dismay of the European Union, whose Court of Justice has just annulled agreements […]
Read more »Via North Africa Post, an article on King Mohammed VI’s initiative to facilitate Sahel states access to the Atlantic Ocean: Sahel States have lauded King Mohammed VI’s initiative aiming to facilitate their access to the Atlantic Ocean, as a “highly important strategy” for co-development and prosperity in the region and as a move that will […]
Read more »Via Eurasia Review, commentary on Morocco’s ports and role in global trade: The first half of 2024 has cemented Morocco’s position as a critical hub in global trade and a beacon of economic resilience. Moroccan ports, the lifeblood of the nation’s trade and commerce, have handled a staggering 116.4 million tons of cargo in just […]
Read more »Via The North Africa Post, a report on a new Chinese battery investment in Morocco: Morocco’s electric vehicle battery ecosystem is gaining momentum with the announcement of a new $363.5 million investment to be injected by China’s BTR New Material Group in its second plant to be built in Mohammed VI Tangier Tech City. In […]
Read more »Via Associated Press, an article on Chinese firms setting up factories in Morocco as way to cash in on US electric vehicle subsidies: After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the […]
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