info.afrindex.com
China-Africa Trade Information Service
Chinese conglomerate Tinci Group, a prominent supplier of electrolytes and chemical components for lithium batteries, has decided to relocate its project from the Czech Republic to Morocco.
Guangzhou Tinci Materials Technology, one of China's leading manufacturers of materials for electric vehicle batteries, will open a plant in Morocco, announced the Chinese media outlet Yicai Global.
Morocco has solidified its position as an important player in the business landscape of North Africa, with 13 of its companies featuring among the top 20 in the region, according to a report by African Business.
Moroccan telecommunications operator Maroc Telecom achieved a turnover of MAD 9.1 Billion ($903 million) at the end of March, up by 2.6% compared to the same period last year.
Koch Ag & Energy Solutions (KAES), an American provider of value-added agriculture and energy solutions, “successfully” completed its acquisition of the Jorf Fertilizer Company III (JCF III). JCF III is owned by OCP Group, Morocco’s phosphates mining and fertilizer giant.
Holcim, a Swiss-based construction material company, announced earlier this week the opening of its first cement production plant in Agadir in southern Morocco.
STMicroelectronics, a French-Italian company specializing in the manufacturing of electronics and semiconductors, inaugurated today a new production line for electric parts in its plant in Bouskoura, located in the Casablanca-Settat region.
Morocco’s economy substantially rebounded in 2021, with a GDP of 7.4%, following a pandemic-induced contraction of 6.3% in 2020, according to the EBRD’s latest report on economic forecasts published on Tuesday.
The Top Employers Institute, which issues the certificates, is an international certification program that enables organizations to assess and improve their workplace environment and human resource practices.