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Auto Industry: €50 Mln earmarked for 1st Moroccan car brand for local market
“Neo” is the first Moroccan car brand to be produced for local market with a €50 million investment which will be used for the building of a factory for this project. The announcement has been made by the Minister of Industry & Trade, Ryad Mezzour. He told Saudi newspaper Asharq that the plant is expected […]
Morocco’s renewables share rises to 46% as investments accelerate
The share of renewable energy in Morocco’s electricity mix has risen to 46% in 2025 from 37% in 2021, Energy Transition Minister Leila Benali said, as the country accelerates investment in the sector. Morocco approved nearly 3,000 megawatts (MW) of energy projects in the first quarter of 2026, representing investments of about 22 billion dirhams […]
Uganda’s UNOC eyes China for funding to begin commercial oil production in 2025
Uganda and neighboring Tanzania are seeking investments of up to $20bn for a slew of new projects across the oil value chain, including to develop an export pipeline before 2025. The CEO of Uganda National Oil Company (UNOC), Proscovia Nabbanja, said that the state-owned oil company is pursuing several projects across the upstream, midstream and […]



