Morocco
Israel fires on diplomats – including Moroccan ambassador
Several countries have condemned the recent Israeli military's actions after troops fired warning shots near a diplomatic delegation
1 min read
Gotion Power Morocco, part of the Sino-European electric vehicle (EV) battery manufacturer Gotion High Tech, is expected to start construction on a $6.5 billion gigafactory near Kenitra in northwestern Morocco. Reuters, citing the company's Moroccan head Khalid Qalam, said building would begin ‘within days’. Gotion High Tech signed an investment deal with the Moroccan government in June last year and the proposed gigafactory is expected to mark the first of its kind on the African continent.
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Morocco
Israel fires on diplomats – including Moroccan ambassador
Several countries have condemned the recent Israeli military's actions after troops fired warning shots near a diplomatic delegation
Mauritania
AfDB approves $18 million support for Mauritania
The AfDB has approved financing of over $18 million for Mauritania to launch the "3R-Water" project, a way
Egypt
Egypt set to lower interest rates – again
Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on
Egypt
Expert: Egypt distances itself from Israeli energy amid tensions
Egypt shifted from being a liquefied natural gas (LNG) exporter to an importer in 2024, driven by growing domestic demand,