Africorp Consortium, known in Morocco for its Dolidol brand, is expanding into the Middle East with the acquisition of Intercoil International -Simmons®. The Moroccan group, already well established in Africa, now ranks among the world's top five bedding manufacturers.
After years of cooperation with Morocco, Baykar, a Turkish company specializing in drone manufacturing, has decided to build a factory in the country. This will be the Kingdom's defense factory following the one currently under construction by BlueBird Aero Systems.
Faced with French ambassadors, President Emmanuel Macron highlighted the strategic partnership sealed with King Mohammed VI at the end of October, elevating it to a model for the renewal of French policy in Africa. In contrast, he criticized Algeria for the «totally arbitrary» detention of writer Boualem Sansal.
The Russian Ambassador to Morocco confirmed that his country appreciates Morocco's balanced position on the ongoing war in Ukraine, noting that this political rapprochement has positively impacted economic exchanges between the two countries.