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Mohammed VI Fund for Investment, EIB sign new €500M financing package

the European Investment Bank (EIB) will extend the Mohammed VI Fund for Investment (FM6I) a new financing package worth €500 million. The Mohammed VI Fund for Investment (FM6I) and the European Investment Bank (EIB) have signed a mandate letter covering a financing package of 500 million euros for the Fund. The financing-related mandate letter, signed […]

Morocco Delivers Humanitarian Aid to Flood-stricken Burkina Faso

Morocco will send five aircrafts loaded with humanitarian aid in solidarity with Burkina Faso which has been struck by devastating floods. Two aircrafts, each carrying about 16 tons of foodstuffs, medicines, covers and other humanitarian aid, took off from Morocco to Burkina Faso Tuesday to help the flood-hit population in conformity with instructions of King […]

South Korea’s Naver to build mega AI data center in Morocco with Nvidia and Taqa Morocco

South Korean tech giant Naver which has announced plans to build a massive AI-focused data center in Morocco, said the project will be carried out in partnership with Nvidia, Taqa Morocco, Nexus Core Systems, and Lloyds Capital. The announcement was made during the VivaTech 2025 conference in Paris. The project, which will be powered entirely […]