Moroccan FM Nasser Bourita

South Korean LG Chem teams up with China’sxHuayou Group to build 2 plants in Morocco

South Korean LG Chem announced Sunday that in partnership with China’s Huayou Group it will establish two factories in Morocco for the production of lithium-phosphate-iron (LFP) cathode materials and lithium conversion, essential components in the manufacturing of batteries for electric vehicles. LG Chem and Huayou Group signed a comprehensive memorandum of understanding (MOU) on September […]

 Morocco & UNIDO Agree to Develop Green Technologies for African Countries

Head of Moroccan Agency for Sustainable Energy (MASEN) Mustapha Bakkoury and Director General of UNIDO LI Yong inked on Tuesday an agreement destined to enhance further cooperation between the two sides in clean and sustainable energy. The agreement was signed on the sidelines of the 18th UNIDO General Conference currently convened in Abu Dhabi, UAE, […]

Tunisia misses out on Africa’s top 20 banks list

The 2025 ranking of African banks by Tier 1 capital confirms a well-established continental hierarchy, with South Africa, Egypt, Morocco, Algeria, and Nigeria dominating the top positions. Tunisia was absent. According to the latest data, the threshold for inclusion in the Top 20 now stands at approximately $2 billion in Tier 1 capital. Tunisia’s largest […]