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Bloomberg
21-05-2025
- Business
- Bloomberg
Morocco Aims to Double Electricity Capacity by 2030 World Cup
Morocco plans to more than double its power generation capacity by 2030, when it co-hosts the FIFA World Cup, Energy Transition Minister Leila Benali said. Renewable sources will make up 80% of the increase to 27 gigawatts, from 12 gigawatts now, Benali told a chemical industry forum in the capital Rabat on Wednesday. The expansion, including public and private investment, will cost a total 120 billion dirhams ($13 billion), she said.


Times
19-05-2025
- Business
- Times
Liberté, Égalité, Technologie! ‘Unloved' Revolut wooed by French
Qu'est-ce qui se passe? You may well choke over your morning coffee. Revolut, one of Britain's hottest companies, born and nurtured in London, appears to have put two fingers up to its home town. At the Choose France summit in Versailles, the fintech 'chose' France, promising to invest €1 billion in our ancient rival over the next few years and to base its western European headquarters there. Yes, it still has a Canary Wharf global HQ, but the move is perceived as yet another sign of how France is snapping at Britain's heels as the home for tech in Europe. Led by quintessentially tech-bro politician President Macron, the Élysée is pouring billions into making France a digital superpower. From AI labs in Paris to