Spanish FM Josep Borell Bourita rabat

Norwegian company wins $2Mln deal to power 4 poultry plants in Morocco with solar energy

Norwegian company “Empower New Energy” has won a $2 million contract to equip four poultry plants of Zalar Holding with solar photovoltaic panels for the production of electricity. The project is developed in partnership with the experienced Moroccan renewable energy company – JET Energy. It is expected to generate 3800 MWh per year. This will […]

Somalia lashes out at ‘null and void’ Ethiopia-Somaliland port deal

Somalia has vowed to defend its territorial integrity by “all legal means possible” after a destabilizing deal inked on Monday (1 January) that has seen its breakaway region of Somaliland gain Ethiopia’s recognition in exchange for the latter’s access to the Red Sea. Following an emergency meeting on Tuesday (2 January), the Somali cabinet said […]

Morocco: EBRD expects growth to reach 4.2 % in 2025 & 4 % in 2026

Morocco’s economic growth is expected to reach 4.2 % in 2025 and 4 % in 2026, driven by public investment, according to the projections of the European Bank for Reconstruction & Development. In its latest report on regional economic prospects, the Bank said inflation in Morocco fell to an average of 1.2 % in the […]