Morocco aims to become Africa’s business gateway
Casablanca is attempting to position itself as Africa’s financial and commercial hub, the Guardian reports. At the center of
Tunisia’s Kumulus Water secured $3.5 million in seed funding to expand its atmospheric water generation technology into France, Spain, and Saudi Arabia. Backers include Bpifrance, PlusVC, and Spadel. The funds will support its off-grid Kumulus Boks units for industrial and community use. Founded in 2021, the startup produces self-contained water generators requiring no existing infrastructure. Its systems are already deployed in schools and remote areas across Europe, Africa, and the Middle East, addressing water scarcity.
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