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BMCE Bank of Africa Gets €35 Mln Loan for Energy Efficiency Projects

Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]

Morocco backs international efforts seeking protection of oceans

Head of Moroccan government, Aziz Akhannouch, is taking part in the first high-level summit dedicated to the ocean, which opened Friday in Brest, northwest of France, to strengthen international cooperation in combating illegal fishing, decarburizing shipping, and reducing plastic pollution in high seas. Akhannouch was greeted by President Emmanuel Macron upon his arrival at the […]

British firms launch joint venture to tap Morocco’s hydrogen potential

British geoscience company Getech and energy transition firm Sound Energy have established a joint venture to explore Morocco’s untapped natural hydrogen and helium reserves, positioning the North African kingdom at the forefront of emerging clean energy technologies. The newly formed HyMaroc Limited will focus on discovering and developing underground deposits of these critical resources, following […]