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Morocco Is the New Automotive Manufacturing Powerhouse

• Morocco automotive industry/ Morocco world news “In 2023, Moroccan factories produced approximately 470,000 vehicles destined for Europe — surpassing China’s export volume to the continent, according to a Team France Export report. Europe represents Morocco’s primary market, with 80% of new vehicle exports crossing the Mediterranean.” Ouarzazate — French newspaper “Le Dauphiné libéré” has…

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BoA on N1.5tr Recapitalisation Drive to boost lending

The Bank of Agriculture (BoA) wants to raise N1.5 trillion (approximately $1 billion) in a major recapitalisation drive aimed at improving liquidity and expanding its lending capacity to the nation’s agricultural sector. In a statement, BoA Managing Director, Mr. Ayo Sotinrin, said the fund will be channeled towards financing key agricultural value chains, addressing infrastructure…

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