Industry Dynamics

Vehicle manufacturer Stellantis has announced an investment of over €300 million in its Kenitra manufacturing facility in a bid to double local production capacity to 400,000 vehicles and reach more than 22% market share in the MENA region by 2030.

The Moroccan Association of Fruit and Vegetable Exporting Producers (APEFEL) has announced its plans to double tomato exports amid the ongoing water scarcity crisis.

Chinese-owned garment manufacturer Omega Textile Maroc inaugurated its new textile factory on Tuesday, in Casablanca. The company specializes in the manufacturing of socks, lingerie, tights, stockings, and T-shirts.

All things being equal, the first tranche of the $1.13 billion cocoa syndicated loan will hit the account of the Bank of Ghana tomorrow, October 26, 2022. Joy Business sources at the Finance Ministry indicate that about $790 million is expected to come in from the consortium of b...

Munich-based provider of reusable packaging containers IFCO has announced the opening of its first service hub in Casablanca to support retail partners in importing fresh products from Morocco.

Minister of Finance, Mohamed Maait, stressed the need to create a flexible mechanism for the exchange of basic commodities between the countries of the African continent, especially wheat and fertilizers, in a way that helps in maximizing the capabilities of African economies.

The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion next year, according to the head of the West African nation’s state oil company.

Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, confirmed that the expansion of electricity generation projects using new and renewable energy in Egypt, has become indispensable, revealing that these projects have a positive impact on the state on diffe...

Wood manufacturing group, Maroc Akhchab, officially launched operations in their Melloussa factory located in the Tanger-Tetouan-Al Hoceima region on October 7.