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Morocco’s King reiterates attachment to Maghreb Union, Openness to Africa

King Mohammed VI reaffirmed Morocco’s commitment to sound and solid relations with sister Maghreb nations as well as Africa’s place “at heart of Morocco’s foreign policy“. Maghreb “My keenness to achieve fair, balanced development in all the Kingdom’s regions is just as strong as my commitment to establishing sound, solid relations with sister Maghreb countries,“ […]

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, […]

Nigeria greenlights Seplat Energy’s buy of ExxonMobil’s Nigerian unit

Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]