holmarcom-maroc-592×267

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 […]

Morocco Underscores Commitment to Triangular Cooperation with EU & Sahel

Morocco has reiterated its firm commitment to security and stability in the Sahel calling for a triangular cooperation (Morocco-EU-Sahel) benefiting the region. Speaking at the International High-Level Conference on Sahel, held Friday in Brussels, Morocco’s foreign minister, Nasser Bourita underscored the priority given to the Sahel in Morocco’s foreign policy as evidenced by the multiple […]

Wealth Report 2023 confirms that ’Africa is not poor but impoverished’

Not all Africans are poor — this could arguably be the main message from the 2023 edition of the annual Africa Wealth Report by London-based Henley & Partners that reveals that the ‘Big 5’ wealth markets in Africa — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for a significant 56% of Africa’s […]