Gotion Power Morocco, part of the EV battery giant Gotion High-Tech, will start producing at its gigafactory in Kenitra by the third quarter of 2026, company chairman Khalid Qalam said. In June last year, the Moroccan government unveiled an investment deal with Gotion High Tech worth $6.3 billion, including $1.3 billion in a first phase, […]
Trade exchanges between Russia and Africa should move away from the US dollar and be facilitated by transition to national currencies, Russian President Vladimir Putin has said, just as Tanzania and India have inked an agreement establishing a platform by which their bilateral trade will be carried out in their own currencies, not the dollar. […]
Italy said on July 5 it backs Morocco’s “serious and credible efforts” to find a lasting solution to the regional dispute over the Sahara territory. The position was expressed by Italy’s foreign ministry during a visit to Rome by Morocco’s foreign minister Nasser Bourita. The Italian clear-cut position in support of a solution on the […]
