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Gotion Power Morocco’s gigafactory to start production in 2026

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, […]

Emerging Markets Headlines Morocco Technology

Morocco to start rolling out 5G in six World Cup city hosts in 2026

Morocco prepares to launch the 5G internet network in the six cities that will host the 2030 World Cup, head of the country’s telecoms regulator Hicham Lahjomri said. By 2026, 25% of Moroccans will be connected through 5G, and 70% by 2030, he was quoted by Medias24 as saying. After the six cities, Morocco will […]

Headlines Libya

UN Rejects Reports of Libyan Negotiations in Tunisia

The United Nations Support Mission in Libya (UNSMIL) denied reports it is planning to host a political discussion between Libyan factions in Tunis on May 28–29. “The United Nations Support Mission in Libya is not organizing or hosting any dialogue between Libyan parties in Tunis on May 28 and 29, despite recent media reports,” the […]

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Two U.S. national security institutes call for designating Polisario terrorist organization

After the Algeria-backed Polisario becomes a terrorist organization and magnet of extremists threatening regional peace & stability, two major U.S. National security Institutes have joined several think-tanks urging the Trump administration to take immediate action and add the Polisario armed militia to the U.S. black list, which includes Iranian proxies such as the Houthis, Hamas, […]

Headlines Libya Technology

Libya: New date for the Tripoli Electronic Payment Forum

The largest banking gathering in Libya, the Electronic Payment Forum and Exhibition, will now be held at the Tripoli International Fairgrounds from June 15–17, 2025, according to a statement from the Central Bank of Libya (CBL). The event was postponed from its original May 20 date because of recent security incidents in the capital. The […]

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SKF opens magnetic bearing plant in Morocco to meet growing demand

Swedish SKF Company, world leader in most innovative bearings, seals & lubrication systems, has opened its new factory in Tangier, Northern Morocco. The production site will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in […]

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Morocco’s Competition Council accelerates electronic payment market opening

Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]

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Morocco sets water engineering standard for Africa – AfDB

Morocco has established a new civil engineering benchmark for Africa with the groundbreaking perforation of the Al Massira dam, addressing increasing water stress in the Marrakech region, according to the African Development Bank (AfDB). Engineers successfully drilled through Morocco’s second-largest water reservoir, with a capacity of approximately 2.6 billion cubic meters, to create a new […]

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Palestine thanks King Mohammed VI for his steadfast support for Palestinian cause; Netherlands commends Morocco’s constructive role

The 5th meeting of the Global Alliance for the Implementation of the Two-State Solution, held Tuesday in Rabat, was an opportunity for Palestinian minister of state for Foreign Affairs Farsin Aghabekian Shaheen, to thank King Mohammed VI, President of Al Qods Committee, for his tireless efforts and steadfast support for the Palestinian cause. This meeting […]

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US calls for more balanced trade relations with Africa

The U.S. State Department’s top official for Africa indicated Tuesday that any renewal of a major U.S.-Africa trade deal would likely require greater “reciprocity” from African nations. The African Growth and Opportunity Act (AGOA), which allows many African products duty-free access to the American market, expires in September 2025. Its future remains uncertain amid protectionist […]