Courtesy of The Africa Report, a report on an Moroccan entrepreneur, Youssef Mandour, chairman and founder of the FAR Group: Youssef Mandour, a Casablanca-born US Army veteran, is the chairman and founder of the international holding FAR Group, based in the US. He wants to produce the first 100% Moroccan armoured vehicle. Until a few […]
Read more »Via Bloomberg, a look at Africa’s infrastructure challenges and opportunities: Africa will need some innovative thinking to fill a yawning infrastructure gap. That’s the message from delegates at this week’s inaugural Africa edition of the Bloomberg New Economy Gateway conference. By some estimates, the continent requires as much as $170 billion a year to build […]
Read more »Via Utilities Middle East, a report on Morocco and China’s GOTION High-Tech $6.4 billion battery production deal which also includes the construction of a “Giga Factory” in Rabat, with an annual production capacity of 100 gigawatt-hours: Morocco has signed a memorandum of understanding (MoU) with GOTION High-Tech, a Chinese-European group specialising in electric mobility, to […]
Read more »Courtesy of The Africa Report, an article on the potential for African energy independence: Despite abundant resources, Africa still lacks electricity. An increased focus on renewable energy could remedy this paradoxical situation. According to a World Bank estimate, DRC’s resources are ranked third worldwide in the hydroelectric sector, trailing only China and Russia. “With approximately […]
Read more »Via The Africa Report, an article on KFC’s growing presence in Morocco: With 10 new stores announced for 2023, American fast-food chain Kentucky Fried Chicken is on schedule for its expansion efforts throughout Morocco. With a goal of 10 openings and 35 points of sale by the end of the year, Kentucky Fried Chicken (KFC), […]
Read more »Via Energy Live News, a report on a massive infrastructure project designed to bring solar power from Morocco to the UK: Xlinks, a UK-based startup that plans to build what is described as the world’s longest undersea cable to address the future energy requirements of the UK is allegedly close to concluding a funding round […]
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