Asia Business Emerging Markets Headlines International Morocco

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 […]

Asia Business Emerging Markets Headlines International Morocco

Moroccan business delegation explores South Korean tech ecosystem

A high-level delegation from Morocco’s General Confederation of Enterprises (CGEM) is currently undertaking a strategic mission to Seoul, aiming to strengthen bilateral economic relations and identify new cooperation opportunities with South Korean businesses across multiple industrial sectors. Led by CGEM President Chakib Alj, the delegation comprises companies operating in automotive, plastics, chemical and parachemical industries, […]

Algeria Asia Columns Emerging Markets Headlines International Maghreb Morocco

South Korea supports Morocco’s autonomy plan for Sahara, signaling a further isolation for Algeria

South Korea has officially endorsed Morocco’s autonomy proposal for the Sahara, and expressed its support for the «serious and credible efforts» made by the Kingdom to advance toward a resolution of the regional conflict. This endorsement, which was outlined in a statement released by the Korean Ministry of Foreign Affairs on Friday, May 9, marks […]

Asia Community International Mauritania

South Korea donates Mauritania 6,720 tons of rice

Mauritania received, on Tuesday November 13, a significant donation of 6,720 tons of rice from South Korea to support the World Food Programme (WFP) in its efforts to combat food insecurity in the country. This donation is part of an ongoing partnership aimed at addressing the growing challenges of food scarcity and malnutrition in Mauritania, […]

Asia Business Emerging Markets Energy Headlines International Morocco Technology

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 […]

Africa Asia Business Emerging Markets Headlines International

South Korea seeks foothold in Africa

South Korea is hosting 48 African nations at a summit in Seoul to discuss cooperation on key minerals and other development projects in the growing African market, where great powers vie to strengthen their influence. Africa is a “crucial partner” for South Korea to further its industrial advances and “cooperation with Africa is not a […]

Asia Business Emerging Markets Headlines International Morocco

South Korean LG Chem water purification systems chosen for desalination project in Morocco

South Korea LG Chem Ltd. has been selected to provide a water purification process for a desalination project to be carried out by Moroccan phosphate giant OCP Group. Under the deal, LG Chem will supply some 18,000 reverse osmosis (RO) membranes which will be used to desalinate 246,000 m3 of water a day at Jorf […]

Africa Energy International

South Korea makes successful Africa nuclear energy push amid worsening electricity crisis

South Africa’s government announced on Tuesday (12 December) plans to increase the country’s nuclear power production, with bids sought from the United States, Russia, France, China and South Korea, just as Korean nuclear energy companies are lining up to win business from different African countries in the face of stiff competition from its rivals. To […]

Africa Asia Business Emerging Markets Headlines International

South Korea seeks to expand diplomatic, trade ties with Africa

South Korea’s recent announcement of the opening of new diplomatic missions in several African nations signals that Seoul aims to commit more resources to a continent that is widely seen as home to some of the world’s fastest-growing markets, according to experts. When the South Korean government on 7 November announced plans to open 10 […]

Business Egypt Emerging Markets Headlines

Samsung gets golden license to set mobile phone factory in Egypt

Egypt Wednesday August 30 accorded South Korean tech giant Samsung a golden license to set up a mobile phone plant to produce, after the North African provided the firm another permit to manufacture tablets for educational use. The future factory, 6,000 square meters, is expected to generate 768 direct and indirect jobs and located in […]