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Morocco targets over 52% renewable energy share by 2030

Morocco has reaffirmed its commitment to a sustainable energy future with a new strategic agreement aimed at boosting electricity production from renewable sources to 52% of installed electricity capacity by 2030. The agreement brings together the Moroccan government, the National Office of Electricity and Drinking Water (ONEE), the Moroccan Agency for Sustainable Energy (MASEN), and […]

Airbus completes acquisition of Spirit AeroSystems’ Casablanca facility, other sites

Airbus announced Monday it has finalized the acquisition of several manufacturing sites from its American supplier Spirit AeroSystems, including the company’s Casablanca facility. The finalization marks a significant expansion of the European plane maker’s control over its commercial aircraft production chain. The transaction brings more than 4,000 employees under Airbus’ wing, according to Florent Massou, […]

Tunisia’s Agriculture minister to provide $9m financing to farmers

Tunisia’s Agriculture ministry announced Wednesday August 16 several financing plans for small farmers to the tune of $9 million in view of supporting the sector. The financing will come from State-run Banque Tunisienne de Solidarité (BTS), as result of the agreement with the agriculture department, “Tunisie Numerique” reports. The bank per the deal will provide […]