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 […]

Emerging Markets Finance Headlines Morocco

Taqa Morocco becomes third largest on Casablanca stock market

Taqa Morocco became the third largest company by market capitalization at the Casablanca stock exchange. Driven by an exceptional stock market performance from the start of the year, the company’s stock has risen progressively due to investor revaluation, positioning it behind only major players like Attijariwafa Bank and Maroc Telecom. As of May 12, 2025, […]

Americas Emerging Markets Energy Headlines International Morocco

Taqa Morocco plans 1 GW of green energy by 2030

Taqa Morocco SA, a leading energy company in Morocco, said on Wednesday it plans to develop 1 gigawatt (GW) of wind and solar projects by 2030 to support the country’s energy transition goals. The company’s CEO Abdelmajid Iraqui Houssaini told Bloomberg that Taqa Morocco SA is also looking into investing in desalination projects to tackle […]