The construction of “Mohammed VI Tangier Tech” will not be abandoned despite the rescission of Chinese group Haite.
Indeed, a memorandum of understanding for the development of this industrial city was signed on April 26, 2019, in Pekin during the second Belt and Road Forum. It was signed by société d’aménagement Tangier Tech (SATT), China Communications Construction Company Limited International (CCCC) and its subsidiary China Road and Bridge Corporation (CRBC).
Mohammed VI Tangier Tech is an industrial city that will initially host 200 Chinese firms operating in the automobile, aviation and textile sectors.
Within 10 years, the investment of Chinese firms involved in the project should reach $10 billion.
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Egypt targets doubling oil production within five years Government renegotiates contracts to attract foreign investment Plan includes arrears...
Douala port to build 300 MW power plant CFA 628 billion BOT project backed by Chinese firms Plant aims to secure power, ease grid pressure The Port...
Gabon unveils Elobey VI for Libreville–Port-Gentil route Vessel supports river, maritime logistics strategy Route vital amid limited, poorly paved...
In volume terms, Botswana is Africa’s largest diamond producer and the world’s second largest. While Angola is unlikely to challenge that position in the...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...