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Managem Expands Footprint with Acquisition of Sound Energy Morocco

Managem Secures Major Stake in Morocco’s Natural Gas Fields In a strategic move poised to reshape the energy landscape in Morocco, Managem, a prominent player in the mining sector, has announced the acquisition of Sound Energy Morocco, a subsidiary of the British entity Sound Energy. This acquisition......

Morocco's Journey to Energy Independence: A 21% Decrease in Energy Imports

Morocco has achieved a significant milestone on its path to energy independence. The North African nation successfully slashed its energy import bill by more than 21% in the first 11 months of 2023 compared to the previous year, as announced by the Moroccan Office of Exchange on Tuesday. This substantial......