Tunisia: unconfirmed results make Ennahdha winner of legislatives

Moderate Islamist party Ennahdha has won Sunday legislative elections according to exit polls. Polling firm, Sigma Conseil projects the party to garner 17.5 percent of Sunday’s vote, translating into 40 seats in the 217-member parliament. The polling agency places Heart of Tunisia party, a newly political movement of detained run-off candidate Nabil Karoui, second with […]

Automotive Cables: China Xin Hongye & France Acome Set Up Joint Venture in Morocco

Chinese Wuxi Xin Hongye Wire & Cable Technology has said it will invest $34 million in an automotive cable plant to be set up in Tangier region in partnership with France’s Acome Automotive. The two partners will establish a $ 10 million joint venture named “Morocco Acome Xinhongye Automotive Cables”. The Chinese company will hold […]

Artificial Intelligence: U.S. firm Iozera to Invest $500 Mln in Data-center and AI Hub in Morocco

U.S.-based tech startup company Iozera has announced plans to set up a 386MW Data Center and artificial intelligence hub in the northern Moroccan city of Tetouan. The $500 million project will operate with renewable energies thanks to Morocco’s leadership in the sector. Iozera says it is designed to democratize access to advanced AI computing resources, […]