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Senegal proposes diaspora bank to enhance investments, lower transfer costs
Senegal’s Prime Minister Ousmane Sonko revived last week a proposal to create a bank dedicated to the Senegalese diaspora. This initiative aims to channel the significant funds sent home by Senegalese expatriates into impactful and sustainable projects, reported Ecofin agency. The diaspora sends over $2.9 billion annually to Senegal, representing about 12% of the country’s […]
South Korea’s LG considers EV battery factory in Morocco
South Korea’s LG Energy Solution (LGES) considers setting up a factory to make key electric battery component cathodes together with Chinese firms in Morocco, where numerous EV battery factories are under development. Wonjoon Suh, head of LGES’ advanced automotive battery division, told Reuters the company is negotiating partnerships with Chinese LFP cathodes makers, who produce […]
Phosphate industry : OCP focuses on sustainable development, innovation
More than 900 stakeholders in the global phosphate ecosystem from 40 countries are gathered in Benguerir, 70km north of Marrakech, to discuss how to use disruptive technologies to change the phosphate industry. In other words, what artificial intelligence, advanced virtual reality, the Internet of Things, drones, etc. can concretely bring in terms of innovations […]



