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Morocco officially joins EV battery supply chain

North Africa Post

Morocco has officially entered the global electric vehicle (EV) battery supply chain with the inauguration of COBCO’s lithium-ion battery material plant in Jorf Lasfar, south of Casablanca. The launch, held on June 25, marks a major milestone in the country’s industrial strategy to become a regional hub for clean mobility technologies. The COBCO plant, a […]
Europe Finance Headlines International Morocco

EBRD supports Morocco’s packaging industry with €15 Mln funding

North Africa Post

The European Bank for Reconstruction and Development (EBRD) is supporting Morocco’s packaging industry with a €15 million loan provided to Multisac SA, local manufacturer of woven polypropylene bags in Morocco. The announcement of the funding coincides with the visit of EBRD chief Renaud Bassu is paying to Morocco. The €15 million loan will support the […]
Africa Emerging Markets Energy Headlines International

Cameroon kickstarts power interconnection project with Chad

North Africa Post

Cameroonian authorities launched Tuesday November 21 Cameroon-Chad Interconnection Project, a bilateral high-voltage (HV) interconnection project between the two countries that involves 1.556 km of new transmission lines financed by the World Bank and the African Development Bank (AfDB) to the tune of $750 million. Gaston Eloundou Essomba, Cameroon’s minister of Energy launched the interconnection project […]

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