Morocco
Chinese Tire Giant Sentury Shifts $313 Million Investment from Spain to Morocco
The Chinese tire company Sentury Tire has redirected a major investment initially intended for a new plant in Spain to its plant located in Tangier.
Topic
China
Morocco
Algeria's Military Spending Surges 76% as Morocco's Declines, SIPRI Report Shows
Morocco’s military spending saw a slight decline last year, while Algeria’s recorded a sharp increase. The United States, China, Russia, India and Saudi Arabia top the list of countries that spent the most in 2023.
Morocco
Chinese E-commerce Giant Temu Enters Moroccan Market with Low-Price Strategy
Temu, the Chinese giant of e-commerce, has been established in Morocco since April 2nd. The group offers low prices in order to establish itself in the Moroccan market already conquered by competitors like Jumia.
Morocco
Morocco Emerges as Africa's Second-Largest Drone Power, Outpacing Regional Rivals
In recent years, Morocco has acquired a significant number of drones from Turkey, China and Israel, becoming one of the drone powers on the continent. The kingdom, in partnership with Israel, aims to manufacture drones locally.
Morocco
Morocco's World Cup Rail Project Sparks International Competition
Spain, France and China are competing in Morocco. At the origin of this rivalry, the railway projects undertaken by Morocco as part of the preparations for the 2030 World Cup, which it will co-host with Madrid and Portugal.
Morocco
Chinese EV Giant BYD Scraps Plans for Electric Battery Factory in Morocco
The Chinese group BYD, a global leader in electric vehicles, has just given up on its project to set up an electric battery factory in Tanger Tech. The reason is the slow sales of its electric buses in Morocco.
Morocco
Morocco Secures $300 Million Investment for Electric Vehicle Battery Plant
Morocco has taken an important step in the development of the electric automotive industry with the signing of an investment agreement for the construction of a cathode production plant .
Morocco
Morocco attracts a new Chinese giant in electric batteries
The Chinese giant Gotion High-Tech will finally build its Moroccan factory for the manufacture of batteries for electric vehicles in Atlantic Free Zone, the free zone of the city of Kenitra dedicated to the automotive sector, rather than in the commune of Bouknadel, in the Rabat-Salé-Kenitra region.
Morocco
Tangier: the Chinese giant Shinzoom injects 5 billion DH into a battery factory
The Chinese group Shinzoom, specialized in the production of anodes for lithium-ion batteries, is preparing to invest $500 million (5 billion DH) in the Tanger Tech free zone. A large-scale project that will cover 30 hectares.
Morocco
Inditex (Zara, Massimo Dutti,...) abandons China for Morocco
Inditex has decided to reduce its dependence on China and source more from Morocco, India and Pakistan.
Morocco
Morocco's Tourist Boom Masks Decline in International Visitors, Lawmaker Claims
PJD (Party of Justice and Development) deputy Fatima Zahra Bata believes that the 14.5 million tourist arrivals in Morocco in 2023 represent a record figure, but do not reflect the low share of international tourists.
Morocco
The Moroccan TGV at the heart of a rivalry between France and Spain
The railway projects, including the extension of high-speed rail (LGV) lines between Kenitra, Marrakech and Agadir that Morocco is undertaking as part of the preparations for the 2025 Africa Cup of Nations (CAN 2025) and the 2030 World Cup, are whetting the appetites of China, South Korea, Germany, France and Spain. But it is the rivalry between French and Spanish companies that is noticeable.