Luxembourg announced on Wednesday the opening of a Trade and Investment Office (LTIO) in Casablanca, the ninth in the world and the first in Africa. The opening of the office comes as part of the strengthening of economic and trade relations between Morocco and Luxembourg. A statement from LTIO Casablanca announced that the office will serve Luxembourg companies seeking to invest in Morocco. It will identify opportunities in Morocco and more widely in Africa for Luxembourg companies from different sectors. The Board is responsible for drawing up the strategy for promoting the Luxembourg economy and federating the stakeholders involved, the office said.

Source: The North Africa Journal October 09, 2020 00:22 UTC