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Africa: AfDB disburses $500 million for renewable energy
The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]
Soluna says its Dakhla wind power project moving forward
Cryptocurrency firm Soluna said it maintains its plans for a 900 MW wind farm in Dakhla and has made progress towards developing the site. Speaking to the media Wednesday, Soluna CEO John Belizaire said that the progress is being made and authorizations of Moroccan authorities including the regional investment council, energy ministry and industry ministry […]
Morocco’s Managem teams up with China Electronics Corporation on Cobalt project
Reminex SA, a subsidiary of Morocco’s largest mining company Managem, signed a partnership agreement with global engineering company China Electronics Corporation on a cobalt sulfate factory. “This strategic and know-how sharing partnership represents a major opportunity to build an industrial cluster and contribute to the Moroccan-Chinese alliance,” Reminex said in a statement. The new plant […]



