AfDB president Akinwumi Adesina

Morocco reiterates commitment to share its expertise in development financing with African Union

Morocco has reaffirmed its commitment to share its extensive experience and expertise in development financing with the African Union (AU) as part of the aspirations outlined in Agenda 2063. This announcement came during the Ministerial Retreat on Agenda 2063, a high-level event taking place in Kigali, Rwanda, this October 1-3. Morocco’s Permanent Representative to the […]

Gotion High Tech gigafactory in Kenitra to start exports in 2026 – minister

The $1.3 billion gigafactory to be built by EV battery maker Gotion High Tech will start production in 2026 and will export 85% of its output, Moroccan minister in charge of investment Mohcine Jazouli said. The Moroccan government and Sino-European Gotion High Tech signed an investment deal for the plant which will be located in […]

NOC wins appeal against LERCO over Ras Lanuf Refinery dispute

Libya’s National Oil Corporation (NOC) Sunday said it won in appeal against Libyan-Emirati Oil Refining Company (LERCO) with respect to the Ras Lanuf Refinery dispute dating back to January 2018.   NOC on Facebook said Paris Court of Appeal ruled that LERCO will pay over $115 million, plus benefits. The amount, including the benefits as […]