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Army ousts Morsi from power
Egyptian army has ousted the country’s President Mohamed Morsi through “a coup” on Wednesday night, after he rejected the 48 hours deadline issued by the army to put the country back to order after numerous protests in Tahrir Square, and a nationwide unrest claiming many lives. The leader of the Army General Abdel Fattah al-Sisi […]
EBRD promotes energy transition in Morocco’s mining sector with €13.6Mln Loan
The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]
Will Morocco Start Marketing its Gas in two years?
Will Morocco start marketing its gas in two years? The answer is yes, according to local daily l’Economiste, which states that the potential is huge as forecasts put the volume at 60 million cubic feet per day over a minimum period of 10 years. Morocco’s gas potential is so important that it will soon be […]



