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Keywords: Sustainable


Morocco initiates first ESCO authorization to enhance energy efficiency

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......

Morocco and UAE forge $13 million energy and water partnership

Morocco is determined to address critical energy and water challenges, leading the way towards strong water and electricity sovereignty. A powerful consortium, including the Mohammed VI Investment Fund, TAQA Morocco, and NAREVA, has formalized three agreements with the Moroccan government and the National......

EBRD enhances green finance in Morocco with €70 million loan to Bank of Africa

The European Bank for Reconstruction and Development (EBRD) has made a significant move to bolster green finance in Morocco by providing a €70 million loan to Bank of Africa (BOA). This strategic partnership, announced recently, aims to promote sustainable lending practices within the Moroccan private......

IFAD partners with Bank Al-Maghrib to enhance food security with $150 million bond

The International Fund for Agricultural Development (IFAD) has announced a renewed partnership with Bank Al-Maghrib, Morocco’s central bank, aimed at bolstering food security and supporting rural communities globally. This collaboration is underscored by the issuance of a $150 million sustainable......

Tanger Med Port’s ambitious journey towards a zero-carbon future

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......

Canary Islands prepare for renewed protests against overtourism

In a poignant response to ongoing frustrations, residents of Spain’s Canary Islands are set to take to the streets once more on May 18th. The protest, organized by the group 'Canarias tiene un límite' (The Canary Islands have a limit), aims to address the mounting concerns regarding......

AFD and OCP forge €350 million partnership for green investment in Morocco

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......

XPO Logistics expands operations in Morocco with 60-truck fleet upgrade

In a strategic initiative aimed at bolstering its North Africa operations, XPO Logistics has announced a substantial expansion in Morocco. This ambitious plan includes the introduction of new shipping routes and the deployment of a fleet of 60 advanced container trailers, all while targeting a 10% reduction......

France backs green agriculture push in Morocco with €350M AFD-OCP deal

The French Development Agency and Morocco’s OCP Group deepen ties with a €350 million loan to advance decarbonization, green hydrogen, and sustainable farming in Morocco’s southern provinces. France’s AFD expands strategic partnership with Morocco’s OCP Group The French......

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