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Managem diversifies into gas with purchase of Sound Energy Morocco East Limited

Morocco’s biggest mining company, Managem, bought Sound Energy Morocco East Limited as it seeks to diversify into gas, the company said. Managem acquired 55% of the Tendrara concession, 47.5% of the Grand Tendrara Permit and 47.5% of Anoual Exploration. The transaction would help Managem contribute to the development of gas production in the country with […]

Morocco, a dynamic player in renewable energy, SolarPower Europe says

Morocco has established itself as a key player in renewable energy, offering numerous investment opportunities in this sector, Brussels-based SolarPower Europe states in a report. The report, released Tuesday March 18, explores the numerous investment opportunities within Morocco’s solar sector, highlighting the country’s market dynamics, regulatory frameworks, as well as concrete recommendations to accelerate solar […]

King Mohammed VI Cancels Official Celebration of his Birthday

The Ministry of the Royal Household, Protocol and Chancellery announced that King Mohammed VI will no longer celebrate his birthday at an official ceremony at the royal palace. In a statement issued Tuesday Aug. 13, the Ministry of the Royal Household, Protocol and Chancellery announced that King Mohammed VI has given the order to no […]