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Morocco’s ONEE secures €300 million for grid modernization

Morocco’s National Office of Electricity and Potable Water (ONEE) has secured €300 million in financing from European institutions to modernize the country’s electrical infrastructure, marking a significant step in the kingdom’s renewable energy transition. The funding package combines €170 million from the European Investment Bank (EIB), €130 million from Germany’s KfW development bank, and support […]

Libya: BP reviews exploratory drilling

British petroleum is not hiding its fears about the risks in the North African region after it revealed that it was having second thoughts about its activities in Libya. The spokesperson of the British company said that drillings in Libya were scheduled for the end of the second quarter this year but the company is […]

Sahara: Manama & Abu Dhabi Back Morocco’s Efforts Seeking Enduring Political Solution

The governments of Bahrain and the United Arab Emirates have renewed their continued firm backing to Morocco’s territorial integrity, hailing the sustained efforts deployed by the North African Kingdom for a lasting political settlement of the Sahara regional conflict. Addressing the 74th session of the UN General Assembly, convening in New York, Bahraini Foreign minister […]