African nations have secured strategic leadership positions within UN Tourism’s governance structure during the organization’s 68th Regional Commission for Africa session in Abuja, signaling a shift toward continental sovereignty in tourism development. The appointments include Angola, Kenya, Seychelles, Zambia, and Zimbabwe to the Executive Council for 2025-2029, strengthening Africa’s voice in global tourism policy-making. Zambia […]
Emerging Markets
South Korea’s Naver to build mega AI data center in Morocco with Nvidia and Taqa Morocco
South Korean tech giant Naver which has announced plans to build a massive AI-focused data center in Morocco, said the project will be carried out in partnership with Nvidia, Taqa Morocco, Nexus Core Systems, and Lloyds Capital. The announcement was made during the VivaTech 2025 conference in Paris. The project, which will be powered entirely […]
Burkina Faso nationalizes strategic gold assets
Burkina Faso’s military-led government has completed the nationalization of five gold mining assets, marking a significant pivot in its economic strategy aimed at asserting greater control over the country’s mineral wealth, international media reported. The move, finalized through a government decree earlier this month, transfers ownership of two producing gold mines and three exploration permits […]
Morocco to produce 1.7 billion m3 of desalinated water by 2030- Minister
Morocco is planning to add 13 desalination plants before 2030, adding to existing 17 ones, with the aim to have a production capacity of 1.7 billion m3, water and equipment minister Nizar Baraka said. Desalination together with dams and waterways are all projects launched by Morocco under a $12 bln program to ensure steady water […]
Morocco’s budget deficit increases two-fold by May to 2.2 $bln
Morocco’s budget deficit widened to 22.9 billion dirhams ($2.3 billion) at the end of May 2025, up from 11.2 billion dirhams a year earlier, the treasury said. The deficit was however offset by a positive balance of 14.1 billion dirhams from special treasury accounts and autonomously managed state services. Total ordinary revenues rose 19.6% year-on-year […]
Al Akhawayn University proposes cybersecurity training initiative
Al Akhawayn University in Ifrane aims to spearhead Morocco’s digital and cybersecurity skills development, building on its successful completion of a government contract to train 10,000 engineers, university officials announced at a Bank Al-Maghrib press conference in Rabat. Bank Al-Maghrib Governor Abdellatif Jouahri, who serves on the university’s Board of Directors, praised the institution’s achievements […]
Tesla sets foot in Morocco, gateway to African & Mediterranean markets
The leading American EV manufacturer Tesla has set foot in the nascent Moroccan electric cars market with the establishment of a subsidiary in Casablanca. Besides setting up dealerships, Tesla Morocco is tasked with importing, sales’ operations, and servicing of electric vehicles. The subsidiary’s mission also includes the expansion of the network of charging stations across […]
Chinese Company Tinci chooses Morocco to build a $280 million battery electrolyte plant
Chinese group Tinci Materials Technology willis preparing to set up a factory in Jorf Lasfar dedicated to the production of electrolytes and raw materials for electric batteries. This industrial project, with an estimated investment of $280 million (nearly 2.8 billion dirhams), will have an annual production capacity of 150,000 tons of finished products for the […]
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. […]
Morocco: Tourism sector posts 24% growth in early 2025
Morocco’s tourism sector demonstrates robust recovery with 2.7 million visitors arriving during the first two months of 2025, marking a significant 24% increase compared to the same period in 2024, according to the National Tourism Observatory’s latest data. The growth reflects strong appeal among both foreign tourists and domestic visitors. Total overnight stays in classified […]








