Keywords: Energy
In a significant diplomatic development, Senegal's Minister of African Integration and Foreign Affairs, Yassine Fall, visited Rabat this week to deliver a message from newly-elected President Bassirou Diomaye Faye to King Mohammed VI, signaling a commitment to strengthen the nations' longstanding......
Spanish energy retailer Factorenergia has announced the establishment of a 50-50 joint venture with a local partner in Morocco, positioning itself to capitalize on the country’s energy market as it moves towards liberalization. This expansion is part of the company's ongoing international growth......
In a recent report, the International Energy Agency (IEA) has highlighted South Africa and Morocco's dominant positions in African coal consumption, with both nations maintaining significant usage despite shifting energy landscapes. South Africa remains the continent's primary coal consumer,......
Europa Oil & Gas has announced a significant oil discovery in Morocco's Agadir Basin, with estimated reserves of 1 billion tons within the Inzegane permit area. The discovery site, spanning 11,220 square kilometers near Tarfaya, Sidi Ifni, and Tan-Tan, places Morocco in a strategic position for......
Morocco has designated approximately 18,000 hectares of public land for investment initiatives in 2024. The projects aim to bolster sectors critical to the nation’s growth, including renewable energy, tourism, and housing. Nadia Fettah, Minister of Economy and Finance, addressed the House of Councillors......
Morocco is ramping up its energy strategy with plans to significantly enhance petroleum storage capacity and renewable energy production by 2030. Energy Transition and Sustainable Development Minister Leila Benali announced a MAD 5 billion ($488 million) investment to expand the nation’s petroleum......
Gotion High-Tech has announced a significant investment in expanding its global footprint by dedicating €2.5 billion toward the establishment of cutting-edge lithium battery production facilities in Morocco and Slovakia. These strategic initiatives, forming a part of Gotion's broader global......
A New Report Highlights Morocco's Challenges in Tackling Climate Change and Water Scarcity The Moroccan Court of Auditors has issued a compelling call to action, urging the government to accelerate its response to the climate crisis. Central to its recommendations is placing the National Commission......
Morocco has firmly established itself as a leading player in the global energy transition, leveraging its renewable energy resources and green hydrogen production. With a forward-thinking strategy and robust natural endowments, the country is making strides to become one of the world’s top producers......
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