NORTH AFRICA

Daimler Buses has delivered 40 new Mercedes-Benz Capacity L vehicles to the Casa Transports SA transport authority in Casablanca, Morocco. The authority is responsible for public transportation in the entire Casablanca metropolitan area, including surrounding cities and municipalities. The new, large-capacity buses are operated by operating company RATP Dev. The ...

Stellantis on Monday, 11 December 2023 , deliversed on the commitment made in November 2022 by announcing the start of production in its manufacturing plant in Tafraoui – Algeria, a  strategic move to bolster the development of the country automotive sector through localised manufacturing of Fiat models, including Fiat 500 ...

Volkswagen and Government of Egypt have signed an agreement to work together to develop a feasibility study on a shared automotive painting facility within the East Port Said Industrial Zone in the East Port Said Automotive Zone in Cairo. The agreement was signed by the Chairman of the General Authority ...

Tunisia is facing full-blown economic crisis. Multiple shocks since a 2011 revolution have brought the country to its knees. Credit ratings agencies predict that Tunisia could default. The country’s financial challenges are further compounded by the prevailing high interest rates, pandemic, and government borrowing that ballooned in recent years which ...

Renews Distributorship Agreement With Groupe Hasnaoui Nissan’s long-standing Algerian partner, Groupe Hasnaoui, has signed a renewed distributor agreement extending its history with the Japanese OEM, which dates back to 1993. It is a brand-new beginning, says Nissan Africa President Joni Paiva, in a very important market which was previously one of ...

“It Is time for Africa to take her destiny in her own hands and to determine her own developmental agenda. However, doing so will not be easy. It will require commitment, courage, and deliberate action. Traders need to seek out new market opportunities rather than the conventional route of turning ...

This initiative stands as one of Tunisia’s most impactful infrastructure projects in over a decade The African Development Bank and the Sustainable Energy Fund for Africa (SEFA), in partnership with the International Finance Corporation and UAE’s AMEA Power, Tuesday, kicked off  Tunisia’s first privately-financed solar project. This initiative is set ...

The African Development Bank Group and the European Bank for Reconstruction and Development (EBRD) on Thursday announced the setting up of a joint taskforce to foster entrepreneurship to catalyse jobs creation and growth in Egypt, Morocco, and Tunisia. The official launch of the taskforce took place on Thursday, 21 September ...

African Export-Import Bank (Afreximbank) Tuesday announced a $500,000 donation to provide immediate humanitarian relief to the Kingdom of Morocco and especially towards the hard-hit regions of Al Haouz, Chichaoua, Taroudant, Amizmiz and Marrakesh, following the devastation caused by a massive magnitude 6.8 earthquake. The earthquake is the strongest to hit ...

Hyundai Motor Group  has announced a USD 1.1 million contribution to aid Morocco and Libya in their recovery efforts following severe earthquakes and floods. The donations come from the four affiliates of Hyundai Motor Group (Hyundai Motor Company, Kia, Hyundai Engineering & Construction, and Hyundai Engineering). These funds — USD ...