Browsing: Spain

Manufacturing Shift: Morocco Adopts hi-tech to conquer European markets. www.theexchange.africa
  • Over the years, Morocco has been riding on its strategic position on Europe’s edge to build its success on low-cost production of low-cost goods, including textiles and food, through trade pacts with the European Union
  • Automotive was among the first industries to establish itself in Morocco and has become one of its success stories. 
  • Morocco’s aerospace exports, according to official estimates, increased by 21.9 per cent last year to $1.6 billion after plunging by over 30% in 2020 as a result of the global aircraft industry crisis prompted by the Covid-19 epidemic.

Over the years, Morocco has been riding on its strategic position on Europe’s edge to build its success on low-cost production of low-cost goods, including textiles and food, through trade pacts with the European Union. 

However, the emphasis has shifted to higher-value, higher-tech industries such as the automotive industry, aerospace, and pharmaceuticals, with Moroccan firms collaborating with foreign

The Spain energy crisis comes after Algeria cut off natural gas supply through the Gaz-Maghreb-Europe (GME) pipeline.

Algeria President Abdelmadjid Tebboune authorized Sonatrach (state energy firm) to stop gas exports to Spain through the pipeline that transverses through Morocco to Spain, due to tensions with Rabat, accusations that Morocco denied.

The 1400 km GME pipeline has been in operation for over 55 years, delivering billion cubic metres per year to Portugal and Spain.…

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The Spanish on demand delivery platform Glovo is on course to conquer Africa’s online delivery business space as it continues to become a major thing.

This is after the company announced its plans of expanding Glovo services and operations to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.

Earlier this year, the Spanish on demand delivery platform launched its service operations in Accra in Ghana, and in the following month it saw extending the service to the city of Tema, and it expects to launch in Tunis in Tunisia next month [October].

Also Read: Glovo expands in Kenya

we take it completely for granted that you can push a button on your smartphone and something happens nearly instantly in the real world.

This trend is fast expanding to all sorts of use cases due to our ever growing need for instant …