Company News

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.

Velo West Africa Limited, a leading Ghanaian material solution, has expanded its business across neighbouring countries and is positioned to expand on the African continent.

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.

Earlier this year, IFC directly invested $5 million in Brimore, an Algebra Ventures portfolio company and social commerce company, and $20 million in the Ezdehar Fund to help smaller businesses access finance.

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.

16 years after it opened its first outlet in Nigeria, Shoprite -- Africa’s largest food retailer, has sold its Nigerian operations to a company owned by a group of local investors led by property firm Persianas Investment, Ketron.

Nigeria is MTN's biggest market, and the company has previously encountered numerous regulatory challenges in the West African country, including a fine in 2015 by the NCC for unregistered SIM card users.

The 2021 Summit, endorsed by the Government of National Unity and backed by the National Oil Corporation and Libya's Ministry of Oil and Gas, is the country's first international energy event in nearly a decade, and seeks to advance foreign capital, technology and expertise in th...

The General Confederation of Moroccan Enterprises (CGEM) and a delegation from the International Monetary Fund (IMF) held on December 3 a virtual meeting on the prospects of economic recovery in Morocco.