The World Bank announced on Tuesday a $500 million funding to help Morocco speed up its digital transformation and enhance its economic and social inclusion. The WB financial support will serve to improve financial inclusion and access to more competitive digital infrastructure and services for businesses and individuals. It also aims to spur private sector […]
Saudi Arabia has pledged to invest $14 billion in Uzbekistan including the construction of the world’s largest wind farm with a capacity of 1.5 GW that will power 1.65 million homes, reports say. The Gulf Kingdom’s power company ACWA Power will build the farm in Karakalpakstan region. The project will solve the kingdom’s chronic energy […]
French carmaker PSA plans to speed up production at its Kenitra plant to hit the annual target of 200,000 vehicles by next September. PSA has withstood the coronavirus crisis posting sales higher than last year and taking up 46% market share in the region. Sales improved in key markets such as Turkey by 5.4%; 3.9% […]
