Dakhla in Moroccan Sahara

Electricity: Morocco opens bids for 1,000 km UHV transmission line

Morocco has launched bids for the construction of a 1,000 km ultra-high-voltage alternating current line to transmit about 2 GW between Boujdour and Tensift, with applications due Jan. 15, 2026. In a press release, Morocco’s National Office for Electricity & Potable Water (ONEE) says the power line will connect the regions of Boujdour and Tensift, […]

Morocco’s Central Bank lowers key rate to 2.5 %; expects growth to rebound to 3.9 in 2025 & 2026

Morocco’s Central Bank has decided to reduce key rate by 25 basis points to 2.50 percent as inflation continues to evolve at low levels and is expected to end the year with an average of 1% compared to 6.1% in 2023. The decision was made by the Board of the Bank during its latest quarterly […]

Egypt cancels $50M solar power plant project in Aswan

Egypt’s New and Renewable Energy Authority (NREA) decided to cancel a project for the establishment of a 50-megawatt solar power plant in the South of Aswan worth a $50 million investment, Asharq Business reports citing three officials. Per the sources who asked not be named because not allowed to speak on the matter, the establishment […]