EBRD vice-president alain pilloux

IMF-WB annual meetings to go ahead as planned in Marrakech on Oct 9-15

The IMF, the World Bank and the Moroccan government confirmed Marrakech will host the annual meetings as planned on October 9-15, in a boon for the earthquake-hit tourism industry in the country. The confirmation came in a joint statement signed by World Bank President Ajay Banga; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; and […]

Algeria Tightens Movement Restrictions in Tindouf camps

The Algerian regime has tightened the screws on the movement of Sahrawis in Tindouf camps, by stripping them of Algerian passports which they use for traveling overseas. After they ordered the polisario to toughen the entry and exit measures for the Sahrawis living in the Tindouf camps, the Algerian authorities are now withdrawing Algerian passports, […]

Gotion Power Morocco’s gigafactory to start production in 2026

Gotion Power Morocco, part of the EV battery giant Gotion High-Tech, will start producing at its gigafactory in Kenitra by the third quarter of 2026, company chairman Khalid Qalam said. In June last year, the Moroccan government unveiled an investment deal with Gotion High Tech worth $6.3 billion, including $1.3 billion in a first phase, […]