Morocco presents at Paris conference its approach for resolution of the Libyan crisis

Morocco’s Foreign minister, Nasser Bourita, represented King Mohammed VI in the international conference on Libya held Friday in Paris ahead of the presidential & parliamentary elections scheduled for Dec.24 to restore stability in the country. In his address before the conference, Nasser Bourita highlighted the Moroccan King’s approach for the resolution of the Libyan crisis […]

WB lends Morocco $250 mln to finance innovative agricultural projects

The World Bank said it has approved a $250 million loan in support of Morocco’s Green Generation plan that aims at doubling agricultural output by 2030. The World Bank said the financing is offered in cooperation with the French Development Agency (AFD) to promote profitable agricultural activities as well as environment friendly practices and sustainable […]

Samsung Heavy secures $637M deal to power Mozambique’s LNG future

South Korea’s Samsung Heavy Industries (SHI) has signed a landmark $637 million deal to build a floating liquefied natural gas (FLNG) facility for a European client operating in Mozambique, reinforcing Africa’s rising profile in global energy markets. The state-of-the-art Coral Norte FLNG platform, to be constructed offshore, will liquefy, store, and export natural gas directly […]