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Keywords: Sustainability
Korean company Naver has announced a partnership with Nvidia and Nexus to construct an AI data center in Morocco. This collaboration aims to provide sovereign AI computing services across Europe, the Middle East, and Africa. The data center will have a total capacity of 500 megawatts, with the first......
Morocco has emerged as the fourth most indebted country in Africa, with external debt reaching $45.65 billion in 2023, according to a report by the African Export-Import Bank (Afreximbank). The report, titled “State of Play of Debt Burden in Africa and the Caribbean," highlights Morocco’s......
Innovative Energy & Efficiency (INEE), a subsidiary of the CDG Group, has achieved a significant milestone by becoming the first company to receive official accreditation as an Energy Services Company (ESCO) in Morocco. This landmark development was authorized by the Ministry of Energy Transition......
Morocco’s oasis ecosystems face severe threats from climate change, requiring urgent scientific intervention to ensure their survival, according to a National Agency for the Development of Oasis and Argan Zones (ANDZOA) official. Bounhar El Habib, ANDZOA’s provincial director in the eastern......
OCP Group has officially announced a groundbreaking €365 million financing agreement with Italy’s export credit agency, SACE. This notable arrangement marks the first of its kind under OCP’s Green Finance Framework and represents a pioneering collaboration guaranteed by SACE’s......
A French researcher has developed an innovative approach to protect bees in Morocco’s threatened oases ecosystems while helping farmers increase their revenue. Patrick Lhomme, who specializes in bee ecology, also known as pollination ecology, presented his findings during the second International......
Morocco’s Ministry of Energy Transition and Sustainable Development has officially issued the country's inaugural Energy Services Company (ESCO) license. This significant development is a direct result of Decree No. 2-24-153, which implements Law No. 47-09 on energy efficiency, as published......
Tanger Med Port Group has unveiled a bold strategy aimed at eliminating its carbon footprint while fostering sustainability among its operators, as announced at a recent industry event. During the International Transport and Logistics Exhibition for Africa and the Mediterranean (Logismed), Port Decarbonization......
In a significant move towards sustainable development, the France Development Agency (AFD) and Morocco’s leading fertilizer producer, OCP, have solidified their collaboration by signing a €350 million financing agreement aimed at bolstering OCP’s ambitious green investment program. This......
