Morocco attracts Korea’s Naver AI Data Center

Data centers are burgeoning in Morocco and show no sign of slowing, especially in today’s technology-driven world. The country is becoming a popular location for hosting data centers of leading IT companies due to its geostrategic position, pro-business environment, renewable energy sources, cost-effective real estate, access to a skilled workforce and a favorable tax climate. […]

Niger nationalizes French uranium giant Orano’s Subsidiary amid sovereignty push

Niger’s military regime has nationalized Somaïr, the subsidiary of French uranium giant Orano, escalating tensions between Niamey and Paris in a move that symbolizes the regime’s sovereignty-focused policies since taking power in 2023. The nationalization announcement, delivered through state television during a council of ministers report, cited Orano’s “irresponsible, illegal and disloyal behavior” and characterized […]

Morocco’s trade deficit shrinks up to May

Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Aeronautics was the […]