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Thndr Claps » EGY Claps » Energy 🔋 » Orascom Investment eyes the Moroccan market🌄

Orascom Investment eyes the Moroccan market🌄

by Shams Abbas
October 23, 2022

The Clap
Orascom Investment (OIH) is setting up to pump $100 million in investments in the Moroccan market.

Deets
OIH’s CEO Naguib Sawiris said that electric vehicle (EV) charging stations, renewable energy, & industrial agriculture production are among the top areas the investment will go towards.

Why this matters
OIH is currently negotiating deals with several African nations to build EV charging stations, according to Sawiris.

In related news
Sawiris also recently said that OIH is allocating $200-$300 million to establish four hotels.

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