News

Morocco Signs $1.28 Billion MoU to Build AI Factory

Morocco Signs $1.28 Billion MoU to Build AI Factory
Monday, 13 April 2026 05:07
  • Facility to include data center, training hub, innovation center
  • Project supports Digital 2030 strategy, boosts jobs and AI capacity

Nexus Core Systems, a company specializing in artificial intelligence infrastructure, graphics processing units (GPUs) and machine learning, signed a memorandum of understanding with Moroccan authorities on Wednesday to build an AI factory worth an estimated 12 billion Moroccan dirhams ($1.28 billion).

The agreement was signed between Nexus Core Systems, the Ministry of Digital Transition and Administrative Reform, the Ministry of Investment, Convergence and Public Policy Evaluation, and the Moroccan Agency for Investment and Export Development (AMDIE), during the GITEX Africa 2026 technology conference, held from April 7 to 9 in Marrakech. The deal marks the start of the first phase of the “Nexus AI Factory Platform” project.

The facility will combine a high-performance computing (HPC) data center, a center focused on training and knowledge transfer, and an innovation hub aimed at developing next-generation solutions, according to a statement from Morocco’s Ministry of Digital Transition.

The project, which is expected to create 125 direct jobs by 2027, will be implemented in two phases. The first phase involves an investment of 5 billion dirhams to build a hub with a capacity of 16 megawatts (MW) in the Nouaceur region.

The project supports Morocco’s “Digital 2030” strategy, which aims to increase the digital economy’s share of gross domestic product to 5%. Launched in 2024, the strategy targets the creation of 270,000 jobs, the development of 3,000 startups and the digitization of public services.

In the second phase, Nexus Core Systems will invest an additional 7 billion dirhams at a separate site, adding 20 MW of capacity.

The launch of the Nexus AI Factory Platform contributes to the development of digital infrastructure and strengthens Morocco’s capabilities in digital technology and artificial intelligence,” said Amal El Fallah Seghrouchni, Morocco’s minister of Digital Transition and Administrative Reform, in the statement.

Morocco offers a combination of political stability, forward-looking leadership and strong talent. With the Nexus AI Factory, we are not only deploying high-performance infrastructure; we are building an integrated ecosystem that includes a Center of Excellence, which will support our global operations from Morocco, and a dynamic innovation hub,” said Jaap Zuiderveld, chief executive of Nexus Core Systems.

Founded in partnership with Lloyds Capital in 2025, Nexus Core Systems plans to develop several AI factories optimized for high-demand workloads worldwide. The London-based company relies primarily on advanced technologies from U.S. tech giant Nvidia and South Korea’s Naver Cloud.

Walid Kéfi

On the same topic
South Sudan declines to renew Oranto’s oil block B3 contract Audit cites failure on seismic surveys and drilling commitments Block reopened to...
Tungsten prices surpass $3,000/tonne amid supply disruptions, China curbs Rwanda, DRC gain opportunities; Rwanda leads with higher output US...
Often viewed through the lens of investment flows and geopolitical rivalry, Africa’s major rail corridors are rarely examined in their most concrete...
Ghana rolls out Publican AI at Tema Port, with early revenue rising from GH₵2.4bn to GH₵3.6bn after deployment System flags undervaluation and fraud...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
05

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.