Automotive industry: US company Lear opens new plant in Meknes

The American group specializing in the manufacture of automobile seats and electrical and electronic systems has inaugurated a new factory in Meknes that adds to the 15 units the US group already operates in Morocco. The new site, which required an investment of $18.3 million (200 Million DH), was built on an area of 54,000 […]

Morocco sets 2040 coal phase-out target, accelerates renewable energy projects

Morocco has pledged to phase out coal-fired power generation by 2040, conditional on international support, or in the 2040s unconditionally, marking its first official coal exit timeline. The commitment, outlined in the country’s updated Nationally Determined Contribution (NDC), follows Morocco’s 2023 decision to join the Powering Past Coal Alliance (PPCA) and signals a major shift […]

Libya: Rival governments battling for Es Sider and Ras Lanuf

Fighting for the control of eastern oil ports have broken out after Fajr Libya launched an operation to “liberate oilfields and terminals.” Last week, President Al Thinni of the Tobruk government said means are being developed to ensure that the payment of oil exportations to accounts that are not under their control be stopped. Fighting […]