Tanzania: Africa Energy Summit plans to expand energy access to 300M Africans by 2030

Preparations are well underway for the African Heads of State Energy Summit that will take place in Tanzania’s capital Dar es Salaam on 27-28 January. The event aims to advance an ambitious plan to deliver electricity to 300 million Africans by 2030. The so-called Mission 300 Africa Energy Summit is a landmark event that will […]

Mozambique to export power to drought-stricken Zimbabwe, Zambia

Mozambique has offered to export power to Zimbabwe and Zambia, which are currently facing an energy deficit. The move of the southern African nation is in exchange for further reduced generation at Lake Kariba. The offer will provide huge relief for the two countries that have already whittled electricity generation. Zimbabwe and Zambia generate power […]

Morocco’s OCP more than triples profit, doubles revenue

Morocco’s phosphates and fertilizers producer OCP posted an all-time-high profit of 1.6 billion dirhams in 2021, up 272% as the company benefits from the surge in prices of phosphates and derivatives and the high demand on fertilizers. OCP’s total earnings nearly doubled to 84.3 billion dirhams the same year, a boon to public finances hit […]