North Africa Post
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Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD to fund OCP’s desalination plan with 200 mln euros

North Africa Post

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]
Business Energy Headlines Morocco

Siemens Cuts Ribbon of Wind Turbine Blade Factory in Tangier

North Africa Post

Siemens has inaugurated the first Turbine Blade Factory in the northern Moroccan city of Tangier that was completed for a total cost of $118 million. Built over a surface area of 37,500 square meters, the new factory is the first of its kind in North Africa and the Middle East and will offer 600 jobs […]
Africa Americas Finance Headlines

U.S. & African Union Agree to Set up Strategic Investment Working Group

North Africa Post

The United States and the African Union Commission have agreed to establish a Strategic Infrastructure and Investment Working Group (SIWG), to advance U.S.-Africa economic partnerships that create jobs, prosperity, and economic security both in America and across Africa. The announcement was made by the U.S. State Department in a press release issued Wednesday following the […]