King MohammedVI chairs meeting on renewables

Algeria: Lower house approves Investment bill limiting 49:51 rule

The People’s Assembly, Algeria’s lower house of parliament, adopted the 37 amendments of the bill on the promotion of investment and limited the controversial and strongly criticized 49:51 investment rule to “strategic sectors” only. The amendments were proposed by the committee of economic, development, industry, trade and planning affairs of the Assembly. The minister of […]

Dutch PM ‘impressed’ by Morocco’s renewable energy ambitions

Dutch Prime Minister Mark Rutte said he is “impressed” by Morocco’s renewable energy ambitions under the leadership of King Mohammed VI. “I’m impressed by the ambitions set out in this area under the leadership of His Majesty King Mohammed VI, including the target of 52% of electricity from sustainable energy by 2030 and the will […]

€10.7 billion investment pledges at first “Invest in Senegal Forum”

Participants at first “Invest in Senegal Forum” held July 6-8 have pledged €10.7 billion investments in the West African country. The amounts were disclosed by Prime Minister Amadou Ba at a meeting with the media to present a report on the event seeking the development of local and regional markets. Close to 3,500 delegates among […]