Kenya’s electricity firm secures Geothermal Deal in Ethiopia

Kenya Electricity Generating Company (KenGen) has signed an agreement to provide geothermal drilling services to state-run Ethiopian Electric Power (EEP). According to EEP CEO, Dr. Abraham Belay, Ethiopia had tried to venture into geothermal development as far back as 1981 but was yet to make a commercial breakthrough. The country has some geothermal drilling rigs […]

Morocco to sell 35% stake in Marsa Maroc

The Moroccan government plans to sell 35% stake in Marsa Maroc to Groupe Tanger Med which manages the biggest port in the Mediterranean and Africa in terms of container capacity. Marsa Maroc manages container terminals at 9 Moroccan ports and is listed at the Casablanca stock exchange. The deal will inject some 5.48 billion dirhams […]

Mauritanian Products to Enter Moroccan Market as Trade Ties Expand

Strengthening trade between Morocco and Mauritania was at the center of talks on Friday in Rabat between Secretary of State for Foreign Trade, Omar Hejira, and a delegation from the Mauritanian Employers’ Association. The meeting explored opportunities for cooperation, particularly in logistics, goods transit, and the development of Mauritanian exports to the Moroccan market and, […]