The Moroccan Minister of Digital Economy Moulay Hafid Elalamy (pictured) announced on June 23 that the government wants to make use of digital technology to attract MAD10 billion (about $1.04 billion) in Foreign Direct Investments and create more than 120,000 direct and indirect jobs across the country. This was during his presentation on digital development on the sidelines of a meeting of the National Committee for the Business Environment (CNEA).
According to the official, the aim is to make the country the first regional and continental digital hub; an ambition spurred by the recent digital dynamism stemming from the coronavirus context. He also revealed that his department is currently studying a series of projects to this end.
Moulay Hafid Elalamy stressed that Morocco's renewed investment in the digital sector would involve supporting digital companies, accelerating the digitization of public administrations, improving the governance of the sector and strengthening digital sovereignty.
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
Egypt secured approval to export citrus to the Dominican Republic from January 1, 2026 Dominican citrus imports more than tripled to 17,215 tonnes...
Zgounder mine produced 4.82 million ounces of silver in 2025, up 193% year on year Aya Gold and Silver ramped up output after commissioning a new...
Egypt opens EliTe Solar manufacturing complex in Ain Sokhna zone $116 million project targets 5 GW solar cell and module capacity Investment supports...
Tender seeks off-grid solar systems for 22 Somali health centres Somalia’s power relies over 80% on diesel, electricity costs high Government targets...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...