airport marrakesh

Hyperscale data center at heart of Morocco’s digital sovereignty

Morocco has unrolled its 2030 digital transition strategy and is investing in artificial intelligence and data centers to strengthen its digital sovereignty. Minister in charge of digital transition and the reform of the administration Amal Fallah Seghrouchni announced that Morocco is preparing to launch a 500 MW data center in Dakhla, a key step to […]

Japan pledges over $700 million for Cairo’s fourth metro line

Japan will finance the construction of Cairo’s fourth metro line to the tune of $700 million. The announcement was made Sunday during a visit to Egypt by the Japanese Prime Minister Fumio Kishida. This Japanese investment is one of the largest packages to support the plan to develop transportation in Egypt. The fourth phase of […]

Forex: falling euro drags CFA franc down, importing inflation and deepening debt

With the euro having recently declined to less than one US dollar, this development has a direct impact on the CFA franc, which has a fixed exchange rate parity value with the single European currency. The euro’s continued to slide toward the US dollar since 5 July has resulted in a 20-year low, according to […]