Morocco’s industrial ambitions face a critical bottleneck as abundant renewable energy production outpaces the national grid’s transmission capacity, Industry and Trade Minister Ryad Mezzour warned Monday at the Industry Meeting Days in Casablanca. Speaking before industrial leaders at the event’s seventh edition, Mezzour highlighted a paradox threatening Morocco’s competitive advantage: while the kingdom enjoys rare […]
Investing in long-term gas projects in Africa as countries wrestle with powering their development with clean energy may not be a very good idea, United States’ special envoy on climate John Kerry has noted, as African countries denounce developed nations’ pledge to curb fossil fuel investment is unfair. “We are not saying no gas,” he […]
Morocco’s economic growth could sink to as low as 2% in 2020 from a previous estimate of 2020, Reuters and Bloomberg reported citing head of the high commission for planning Ahmed Lahlimi. When Morocco put forward a growth estimate of 3.5%, the context was promising with first autumn rain and good prospects for tourism market […]
