Throne Day Speech 2020

Morocco: First Islamic Banks to Open Doors in 2017

Morocco’s central bank will start very soon granting permits to Islamic banks due to start operations in the North African Kingdom in 2017. So far several applications have been submitted to the Moroccan financial authorities for approval to open local branches. Among the applicants, two are from the Gulf region bidding to set up their […]

Morocco to Build Africa’s highest wind tower

Morocco, which is on track to become a world leader in renewable energies, will build the tallest wind tower in the African continent, measuring 144 metres high. The tower will be constructed by Spanish goup Nabrawind Technologies. It will produce 3.6MW and its installation will begin almost immediately. This tower allows the installation of a […]

Italy’s Eni announces oil, gas discovery offshore Côte d’Ivoire

Italy’s Eni said it found significant reserves of oil and gas offshore Côte d’Ivoire, with a specific well in particular having as much as 1.5 billion barrels of oil equivalent of potential resources. This will be Eni’s second big hydrocarbon discovery off the West African nation over the past few years following on from its […]