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Moroccan Startup Raises Over $2 Mln to Expand Battery-Swapping For Electric scooters

Moroccan electric mobility startup GoSwap has secured $2.1 million seed funding, from Azur Innovation Fund, to expand its battery-swapping network for electric scooters across major Moroccan cities, according to local press. The company offers users of electric scooters the possibility of exchanging depleted batteries for charged ones for $2.6 to $3 per 100 kilometres. GoSwap […]

COVID-19: State of health emergency extended for another month in Morocco to July 10

The Moroccan government has finally decided to extend the state of health emergency until July 10 with gradual easing of confinement measures. The decision was made in line with a bill that was discussed and adopted Tuesday by a Cabinet Meeting, convened by videoconference under the chairmanship of head of government, Saad Dine El Otmani. […]

Morocco on way to Leave EU Tax Grey List

Morocco took a series of measures to fight tax evasion, which would eventually lead to taking the country off the EU’s so called tax haven grey list. Morocco will no longer be part of that list starting January 2020, local media La vie Eco reported, citing the multiple efforts by the country to improve financial […]