morocco-economy

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 […]

Will Morocco Become a Gas Exporting Country?

Morocco, which imports the majority of its fuel needs and spends 10-12 pc of its gross domestic product on energy bills, bets heavily on renewables to meet its rapidly growing demand and honor its international commitments to combat climate changes. But will this North African country turn into gas exporter? It seems that the British […]

Morocco, international community welcome election of Libyan Interim Executive Authority

Morocco has joined its voice to the international community to welcome last Friday’s election by the UN-led Libyan Political Dialogue Forum of an interim executive authority in Libya, in which Mohammad Younes Menfi will head the country and Abdelhamid Dbaibah will head the government. Morocco congratulates the new members of the Libyan Presidential Council and […]