Oil exploitation offshore

AFCON 2025: Morocco seal win in dramatic penalty shootout to cruise to first final in 21 years

Morocco booked a spot for the 2025 Africa Cup of Nations finals after defeating Nigeria 4–2 on penalties after a goalless semi-final in Rabat on Wednesday night, before 65,458 spectators, a figure representing the highest turnout recorded at the Prince Moulay Abdellah stadium during the tournament that started on Dec.21. After 90 minutes and extra […]

Australian firm Fortescue Metals plans 300 MW green ammonia plant in Kenya

Australian firm Fortescue Metals is planning to develop a 300 megawatts (MW) green ammonia and fertiliser facility in Kenya. The project could soon start as plans are in an advanced stage, reports Business Dailyn adding that the business marks Kenya’s first green ammonia energy production. The facility will boost the African nation’s growing clean energy […]

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.25 % & Expects 5.6 % Growth in 2026

Morocco’s Central bank has decided to maintain its key interest rate unchanged at 2.25 % due to the continued strong momentum in economic activity, the projected moderate levels of inflation, and the significant uncertainty surrounding the global outlook. The decision was made Tuesday by the Bank’s Board after analyzing national and international economic developments, as […]