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Keywords: Investment


Nigeria seeks investors for ambitious $25 billion gas pipeline to Morocco

Nigeria is actively courting international investors for the $25 billion Nigeria-Morocco gas pipeline project, a strategic initiative designed to deliver natural gas to European markets. This ambitious infrastructure project spans 5,660 kilometers and aims to transport Nigerian gas via an undersea route......

Technopark and Plug and Play forge strategic partnership to boost Moroccan startups

Morocco took another significant step toward its digital-hub ambitions today as Technopark Morocco and Plug and Play Tech Center signed a strategic partnership at Technopark headquarters in Casablanca. The Ministry of Digital Transition and Administration Reform (MTNRA) and the Ministry of Economy and......

Resumption of Syrian flights to Turkey and new energy projects on the horizon

Turkish President Recep Tayyip Erdogan has announced that Syrian Airlines will soon resume flights to Turkey. Sharing the news on social media platform X, Erdogan stated that the flights would restart “soon,” although he did not provide a specific date. He also expressed hope that AJet,......

Morocco’s textile sector expands as Valerius opens $10.27 million factory in Salé

Valerius Morocco has inaugurated a new textile manufacturing plant in Salé, marking a strategic expansion in Morocco’s fast-fashion ecosystem. The facility, launched in the presence of His Majesty King Mohammed VI’s Minister of Industry and Commerce Ryad Mezzour, represents a $10.27......

Valencia economic delegation to visit Tangier amid growing Morocco-Spain trade

A high-level economic delegation from Spain’s Valencia region will visit Tangier on June 2 and 3 to reinforce trade and investment ties with Morocco. Organized by the Valencia Chamber of Commerce, the Tangier-Tetouan-Al Hoceima Chamber of Commerce, and the Moroccan Consulate General in Valencia,......

Chinese tire giant Yongsheng to build major factory in Morocco's Kenitra

Shandong Yongsheng Rubber, a leading Chinese tire manufacturer, has confirmed plans to establish a tire production facility in Morocco’s Kenitra Automotive City. Founded in 1986, the company seeks to expand globally by leveraging Morocco’s geographic and trade advantages. The factory will......

Xlinks pauses ambitious UK-Morocco undersea power cable project amid regulatory hurdles

British firm Xlinks has temporarily paused its ambitious 3,900-kilometer undersea electricity cable project connecting Morocco to the United Kingdom. The company has halted its Development Consent Order (DCO) examination process while awaiting a crucial decision on its Contract for Difference (CfD) from......

Morocco secures $50 million investment from Catalan firms

The Moroccan government has finalized four significant investment agreements with Catalan companies, totaling MAD 500 million ($50 million) and promising the creation of over 700 direct jobs. This initiative marks a vital progression in enhancing economic relations between Morocco and Spain. High-level......

Morocco's ambitious $1.2 billion bid to host Formula 1

Morocco is positioning itself to re-enter the arena of Formula 1 racing with an ambitious $1.2 billion project near Tangier. This initiative aims to end the continent's 32-year absence from the sport, as the last Formula 1 race on African soil took place in 1993. The proposed development is located......

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