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Morocco and Mauritania bolster ties with renewable energy pact

Morocco and Mauritania have taken a significant step toward enhancing their partnership in the energy sector by signing a memorandum of understanding focused on renewable energy and electricity cooperation. The agreement was signed in Rabat by Morocco’s Minister of Energy, Lelia Benali, and Mauritania’s......

Morocco Strengthens Energy Resilience with Ambitious Petroleum and Renewable Projects

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......

Morocco and UAE Launch $25 Billion Green Hydrogen Venture in Dakhla

A groundbreaking joint venture between Morocco and the United Arab Emirates is set to revolutionize the renewable energy landscape, with a massive $25 billion investment in green hydrogen and ammonia production in Dakhla, southern Morocco. Strategic Investment Overview The renewable energy company......

EIB Strengthens Morocco Partnership with €1 Billion Post-Earthquake Recovery Investment

The European Investment Bank (EIB) has strengthened its long-standing partnership with Morocco by providing a significant €1 billion loan package. This marks a notable expansion of the EIB's nearly €10 billion investment in the country since 1979. EIB Vice President Ioannis Tsakiris outlined......

Morocco's Green Energy Surge: Powering the 2030 World Cup and Beyond

Morocco is set to make a significant leap in its renewable energy capacity, with plans to double green power output in its southern provinces by 2027. This ambitious project, estimated at $2.1 billion, is part of the country's preparation to co-host the 2030 FIFA World Cup alongside Spain and Portugal. The......